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Inflation

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  • Dollar Drops to 2-1/2 Year Low vs. Yen Tuesday, 15 Jan 2008 | 11:35 AM ET

    The dollar Tuesday fell to its lowest against the yen since June 2005 and extended declines against the euro after U.S. retail sales data provided further evidence an economic slowdown was spreading to the consumer.

  • Recession Worries Grow As Retail Sales Decline 0.4% Tuesday, 15 Jan 2008 | 10:47 AM ET

    American shoppers cut back on spending at the nation's retailers by 0.4 percent in December, the most in six months, in a gloomy report that fanned fears of a recession.

  • UK Retail Inflation Stays Steady in December Tuesday, 15 Jan 2008 | 4:53 AM ET

    British annual consumer price  inflation held at 2.1 percent as expected in December, above the  Bank of England's target for the third month running, official  data showed on Tuesday.

  • Greenspan Joins Hedge Fund as Advisor Tuesday, 15 Jan 2008 | 3:00 AM ET

    The U.S. economy is probably in a recession or about to slide into it, former U.S. Federal Reserve Chairman Alan Greenspan said in an interview with The Wall Street Journal.

  • China to Cap 2008 Lending at 3.6 Trillion Yuan Monday, 14 Jan 2008 | 9:10 PM ET

    China's central bank has set a target of capping new domestic-currency lending in 2008 at last year's level of 3.63 trillion yuan, state media reported on Tuesday.

  • Weak Retail Sales Report Could Signal Recession Monday, 14 Jan 2008 | 3:47 PM ET
    Cash Register

    U.S. consumers are tightening their purse strings, and the squeeze may be severe enough to topple the U.S. economy into recession.

  • Dollar Slides, Hits Record Low vs. Swiss Franc Monday, 14 Jan 2008 | 11:25 AM ET
    Dollar and Yen

    The dollar dropped to a record low versus the Swiss franc and seven-week lows against the euro and yen on Monday as concern that weak U.S. corporate earnings will prompt more interest rate cuts weighed on the currency.

  • Fed Unlikely to Cut Rates Before Next Meeting: WSJ Monday, 14 Jan 2008 | 7:58 AM ET
    Ben Bernanke, President Bush's top economic adviser, speaks in the Oval Office at the White House after Bush named him to take over the Federal Reserve from retiring Alan Greenspan, in Washington, Monday, Oct. 24, 2005. It was the third time in as many years the president has turned to the 51-year-old Bernanke for a sensitive post. Bush named him to the Fed board in 2002, then made him chairman of the president's Council of Economic Advisers earlier this year. (AP Photo/J. Scott Applewhite)

    The Federal Reserve is unlikely to cut interest rates before its next scheduled meeting in late January but may consider doing so if the outlook deteriorates sharply before then, the Wall Street Journal reported on Monday.

  • Australian Price Pressures Grow in Strong Economy Sunday, 13 Jan 2008 | 10:28 PM ET

    A private gauge of Australian inflation rose sharply in December as fuel, borrowing costs and rents all climbed, heightening the risk that official inflation figures could be alarming enough to warrant a rate hike.

  • Yen Gains Versus Dollar on Financial Worries Friday, 11 Jan 2008 | 11:51 AM ET
    Dollar and Euro

    The yen strengthened across the board on Friday as global equity markets sagged on renewed fears that the U.S. financial sector may suffer even more losses, diminishing investors' risk appetite.

  • U.S. Trade Deficit Hits 14-Month High on Oil Imports Friday, 11 Jan 2008 | 9:21 AM ET
    China Trade

    The U.S. trade deficit in November surged to the highest level in 14 months, reflecting record imports of foreign oil. The deficit with China declined slightly while the weak dollar boosted exports to another record high.

  • Defensive Stocks: Agriculture is Popular Friday, 11 Jan 2008 | 8:58 AM ET
    Corn

    Investors should raise their exposure to agricultural commodities and buy into stocks in the sector, as demand from emerging markets increases and the size of arable land is shrinking, putting additional pressure on the already tight supply, analysts said Friday.

  • To Strike or Not to Strike Friday, 11 Jan 2008 | 7:11 AM ET

    It's that time of the year again, when Germany's trade unions traditionally put their wage demands on the table for the opening rounds of the annual ritual that is called "collective wage bargaining". And, with the economy growing at a robust pace still and with corporate profits on the rise, the voice of the unions is getting louder again. We've already had some taste of strike this season. Is there more to come?

  • BOJ's Fukui Downbeat, Markets Ponder Rate Cut Friday, 11 Jan 2008 | 12:28 AM ET

    Bank of Japan Governor Toshihiko Fukui said on Friday the pace of growth was slowing, as markets started pondering the risk of a Japanese rate cut.

  • Text: Ben Bernanke's Speech Thursday, 10 Jan 2008 | 1:07 PM ET
  • Euro Extends Gains vs. Dollar on Trichet Comments Thursday, 10 Jan 2008 | 10:24 AM ET

    The euro climbed across the board Thursday, after European Central Bank President Jean Claude-Trichet flagged more interest rate increases in the euro zone, citing lingering inflation pressures.

  • Sales Outpaced Inventories in November, Led by Oil Thursday, 10 Jan 2008 | 8:35 AM ET
    Gas Pump

    Inventories at U.S. wholesalers rose 0.6 percent in November, but they did not keep pace with sales, which saw the biggest monthly increase in more than two years on rising petroleum prices, the government reported Thursday.

  • South Korea Holds Interest Rates Steady at 5% Wednesday, 9 Jan 2008 | 9:14 PM ET

    South Korea's central bank held its main interest rate steady at 5.00 percent on Thursday, as widely expected, deciding not to tighten to tackle rising inflation as it remains cautious over the risk of a global economic slowdown.

  • Dollar Rises After Poole says Recession Not Definite Wednesday, 9 Jan 2008 | 2:59 PM ET
    Dollar and Euro

    The dollar climbed Wednesday following comments from a Federal Reserve official who said it would be a mistake to say a U.S. recession is at hand.

  • European Central Bank Rate Decision Timeline Wednesday, 9 Jan 2008 | 11:09 AM ET

    This is a timeline of the European Central Bank's rate decisions for 2007.