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Inflation

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  • Bank of England Points to Lower Interest Rates Wednesday, 14 Nov 2007 | 6:49 AM ET

    British interest rates will need to fall in the coming months if inflation is to hit the central bank's 2 percent target in two years, the Bank of England signalled on Wednesday.

  • US Rate Decision Depends on Data: Fed's Fisher Wednesday, 14 Nov 2007 | 6:20 AM ET

    Federal Reserve Bank of Dallas President Richard Fisher said on Wednesday a decision on interest rates at the central bank's December meeting would depend on coming data, but emphasised that the economic risks were not all on the downside.

  • China October Retail Sales Rise a Record 18.1% Wednesday, 14 Nov 2007 | 12:13 AM ET

    Soaring food costs drove up China's inflation in October, reinforcing expectations that the Chinese retail sales jumped 18.1 percent in October from a year earlier, the fastest pace on record, propelled by rising incomes, accelerating inflation and windfall gains from the surging stock market.

  • Suddenly, Inflation Isn't The Market's Bogeyman Tuesday, 13 Nov 2007 | 5:06 PM ET
    Cash Register

    The good news is that inflation is less of a worry. The bad news is that economic growth is more of one.  The change in perception comes as investors prepare for key inflation data this week.

  • Dollar Edges Down on US Economic Concerns Tuesday, 13 Nov 2007 | 2:51 PM ET
    Dollar and Yen

    The dollar slipped against most currencies Tuesday, resuming a long-term decline after a brief respite on Monday as investors expected further signs of housing weakness and sluggish consumer spending that could hurt U.S. growth.

  • Small Business Optimism Sours on Fed Rate Cut Tuesday, 13 Nov 2007 | 8:17 AM ET

    Optimism about the U.S. economy among small businesses soured last month as a Federal Reserve interest cut intended to aid the economy instead triggered cutbacks in spending and hiring, a survey released on Tuesday showed.

  • Japan's Economy Grows, But BOJ Holds Rates Tuesday, 13 Nov 2007 | 6:20 AM ET
    Shipping containers lay stacked on a cargo ship docked at the Ensenada International Terminal port facility on Wednesday, March 8, 2006 in Ensenada, Mexico. In March 2005, the facility acquired two additional cargo cranes, seen in the background, bringing the total to four. Mexico and some of the world's largest retailers and shipping interests are bolstering Pacific ports south of the border, hoping to catch future runoff as an increasing tide of Asian cargo sails toward already clogged ports i

    Japan's economy grew faster than expected in the third quarter, but the Bank of Japan kept interest rates on hold in the face of market turmoil that has sent both stocks and the dollar sliding.

  • German Investors' Morale Worst in Nearly 15 Years Tuesday, 13 Nov 2007 | 6:00 AM ET

    German investor morale worsened in November to its weakest since February 1993, weighed down by worries about financial market turmoil and the impact of the strong euro, a closely watched survey showed on Tuesday.

  • Chinese Consumer Inflation Rebounds in October Monday, 12 Nov 2007 | 10:44 PM ET
    Investors track stock prices, China

    Soaring food costs drove up China's inflation in October, reinforcing expectations that the central bank will raise interest rates again before long to keep a lid on price pressures. Consumer price inflation quickened to 6.5 percent in October, matching the near 11-year peak scaled in August, from 6.2 percent in September.

  • Dollar Edges Up Against Euro, Pound Monday, 12 Nov 2007 | 12:20 PM ET
    Dollar and Yen

    The dollar rose against the euro on Monday, as the European currency backed off all-time highs set last week.

  • UK Output Prices Rise to 12-Year High Monday, 12 Nov 2007 | 5:26 AM ET

    Soaring food and petrol prices pushed British factory gate inflation to its highest level in nearly 12 years in October, denting expectations that interest rates are about to fall.

  • China Trade Surplus Hits Record, But Imports Strong Monday, 12 Nov 2007 | 1:30 AM ET
    Loaded cargo ships carrying imported goods are anchored off the coast of the ports of Los Angeles and Long Beach, Calif., Monday, Oct. 11, 2004, waiting for the opportunity to be off-loaded at the docks. The U.S. trade deficit, propelled by a record foreign oil bill, surged to $54 billion in August, the second highest level in history. (AP Photo/Reed Saxon)

    China on Monday posted a record trade surplus for October, but the total was smaller than expected, as climbing raw material costs and strengthening domestic demand gave a boost to imports.

  • Japan Wholesale Prices Rise; View on BOJ Unchanged Sunday, 11 Nov 2007 | 10:16 PM ET

    Japanese wholesale prices rose slightly more than expected in October from a year earlier on rising oil prices, but investors, preoccupied with global markets, stuck to the view that the Bank of Japan will wait until next year to lift rates.

  • Australia Central Bank Raises Inflation Forecasts Sunday, 11 Nov 2007 | 7:57 PM ET

    Australia's central bank on Monday raised its forecasts for underlying inflation to above  its 2 to 3 percent comfort zone, strongly suggesting that  further increases in interest rates might be needed to restrain price pressures and cool the red-hot economy

  • Soaring global oil costs helped drive U.S. import prices up at the steepest rate in nearly 1-1/2 years during October, according to a Labor Department report on Friday that was likely to heighten concern about energy-driven inflation.

  • Dollar Tumbles vs. Yen on Financial Loss Fears Friday, 9 Nov 2007 | 12:56 PM ET
    Dollar and Yen

    The dollar fell to one-and-a-half-year lows versus the yen Friday, as fears of wider credit-related losses at U.S. financial institutions had investors dumping risky assets and anticipating more Federal Reserve rate cuts.

  • EU Sees Euro Zone Growth Slowing, Inflation Steady Friday, 9 Nov 2007 | 5:59 AM ET

    Euro zone economic growth will be slightly better than expected this year thanks to a robust third quarter, but financial market turbulence will slow it next year and in 2009, the European Commission said on Friday.

  • US Airline Stocks Follow Market Slide Thursday, 8 Nov 2007 | 5:47 PM ET

    Shares of US Airways Group led major U.S. airline stocks lower on Thursday, as the sector matched a steep decline in the broader market.

  • Fed's Balancing Act On Rate Cut Getting Tougher Thursday, 8 Nov 2007 | 4:17 PM ET
    Federal Reserve Chairman Ben Bernanke.

    Ben Bernanke’s latest assessment of the economy shows the Fed’s job of balancing  inflation with a slowing economy is more difficult than ever, leaving policymakers undecided on further rate cuts.

  • Ben Bernanke's Speech: Economic Outlook Thursday, 8 Nov 2007 | 12:28 PM ET

    The prepared speech given by Federal Reserve Chairman Ben Bernanke on the economic outlook before the Joint Economic Committee on November 8, 2007.