GO
Loading...

Enter multiple symbols separated by commas

Economic Measures Inflation

More

  • Consumer Confidence Tumbles to 18-Month Low Friday, 14 Sep 2007 | 7:48 AM ET

    Consumer confidence tumbled to its lowest point in nearly one and a half years as a deep housing slump and a credit crunch made people more worried about the country's economic health as well as their own.

  • Greenspan: I Didn't See Mortgage Meltdown Coming Thursday, 13 Sep 2007 | 1:35 PM ET
    On his last day as chairman of the Board of Governors of the Federal Reserve System, Alan Greenspan smiles as he presides over his final Federal Open Market Committee meeting at the the Fed's headquarters in Washington, Tuesday, Jan. 31, 2006. He is speaking to Deborah J. Danker, at left, special assistant to the board, with Vice Chairman Roger W. Ferguson Jr., at right. Greenspan has held the post for more than 18 years and is widely viewed as the most successful chairman in the Fed's 92-year h

    Former Federal Reserve Chairman Alan Greenspan said he was late to see the storm gathering around U.S. mortgage lending practices and commended his successor Ben Bernanke's handling of the crisis, saying he would likely be responding in a similar fashion.

  • What, Me Worry? Most Shrug Off Subprime Mess Thursday, 13 Sep 2007 | 1:02 PM ET

    Americans are relatively unconcerned about the subprime mortgage troubles, and they say President Bush is doing a better job, according to the latest NBC News/Wall Street Journal poll.

  • Bernanke to Testify Next Week On Mortgage Crunch Thursday, 13 Sep 2007 | 12:02 PM ET
    Federal Reserve Board Chairman Ben Bernanke delivers the board's Monetary Policy Report to the Senate Banking Committee in Washington Wednesday, July 19, 2006. "The recent rise in inflation is of concern," and possible increases in the prices of oil as well as other raw materials "remain a risk to the inflation outlook," Bernanke said. (AP Photo/Dennis Cook)

    Federal Reserve Chairman Ben Bernanke is scheduled to testify before the House Financial Services Committee on Sept. 20, a spokesman for the panel said.

  • Jobless Claims Rose Less Than Expected Last Week Thursday, 13 Sep 2007 | 8:58 AM ET
    Unemployment Line

    The number of U.S. workers signing up for jobless benefits edged up a smaller-than-expected 4,000 in a holiday-shortened week, a government report showed on Thursday.

  • Fed Playing Middle Ground On Cutting Rates Wednesday, 12 Sep 2007 | 5:16 PM ET
    Federal Reserve Board Chairman Ben Bernanke delivers the board's Monetary Policy Report to the Senate Banking Committee in Washington Wednesday, July 19, 2006. "The recent rise in inflation is of concern," and possible increases in the prices of oil as well as other raw materials "remain a risk to the inflation outlook," Bernanke said. (AP Photo/Dennis Cook)

    Whether by dumb luck or intelligent design, Federal Reserve officials appear to have squeezed their way out of a dangerous policy trap.

  • Paulson Asks Lenders to Help Homeowners Wednesday, 12 Sep 2007 | 2:14 PM ET
    United States Treasury Secretary Henry Paulson

    U.S. Treasury Secretary Henry Paulson said on Wednesday a recovery in the subprime mortgage market will be slowed by a wave of interest rate resets and urged lenders to help troubled borrowers.

  • Housing Woes May Push U.S. Near Recession: Forecast Wednesday, 12 Sep 2007 | 12:46 PM ET

    Ongoing weakness in the housing market will push the national economy to the brink of recession, but growth in other areas should put the country back on a slow road to recovery by 2009, according to an economic forecast released Wednesday.

  • Bank of England's King Refuses to Bail Out Banks Wednesday, 12 Sep 2007 | 9:28 AM ET

    Bank of England Governor Mervyn King stood firm against bailing out struggling banks on Wednesday, but hinted that interest rates had reached their peak as he made his first comments since the credit crisis swept global markets.

  • Chinese Retail Sales Surge, Partly on Inflation Wednesday, 12 Sep 2007 | 12:25 AM ET

    China's retail sales growth surged in August to its quickest pace in more than three years, beating forecasts, but analysts said the jump largely reflected stronger inflation, not necessarily quicker underlying growth.

  • Bernanke Offers No Clues About Possible Rate Cut Tuesday, 11 Sep 2007 | 11:27 AM ET
    Federal Reserve Board Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, Feb. 14, 2007, before the Senate Banking Committee hearing on monetary policy. (AP Photo/Dennis Cook)

    Fed Chairman Ben Bernanke said the U.S. and other countries must work together to correct the global imbalance of trade and investment, offering no clue about a rate cut at the Fed's Sept. 18 meeting.

  • Trade Gap Narrows in July to $59.2 Billion Tuesday, 11 Sep 2007 | 9:48 AM ET

    The U.S. trade deficit narrowed slightly in July as exports continued to grow this year at a stronger pace than imports, even though both categories set records, a Commerce Department report showed on Tuesday.

  • China's consumer price inflation jumped to 6.5% in August, the highest level since December 1996, as a shortage of pork contributed to a surge in food prices.  The inflation rate, up from 5.6% in July, easily surpassed economists' forecasts of 5.9% and cemented expectations that the central bank will keep tightening monetary policy.

  • Fed Can Help U.S. Avoid Recession: Economists Monday, 10 Sep 2007 | 2:41 PM ET
    dollar_bills_pile_1.jpg

    Economists are clearly worried about the U.S. falling into a recession, but they also believe the Federal Reserve can help prevent one by cutting interest rates.

  • Fed's Fisher: Economy Weathering Housing Troubles Monday, 10 Sep 2007 | 1:30 PM ET
    Janet Yellen

    Dallas Federal Reserve Bank President Richard Fisher on Monday said the U.S. economy appears to be weathering troubles in housing and financial markets, but it was uncertain how things will play out.

  • Janet Yellen's Speech to the NABE Monday, 10 Sep 2007 | 11:10 AM ET

    The prepared text from Janet Yellen's speech to the National Association for Business Economics’ Annual Meeting in San Francisco, California

  • Wall Street Awaits Fed Announcement Sunday, 9 Sep 2007 | 3:23 PM ET

    There are 6 1/2 trading sessions until the Federal Reserve says for certain whether it's lowering interest rates. They're apt to be some of the most anxiety-ridden times on Wall Street in years.

  • Video Roundup: What Investors Should Do Friday, 7 Sep 2007 | 5:38 PM ET

    CNBC talks to the the experts about what investors should do in this market.

  • Economic Outlook: The Week Ahead Friday, 7 Sep 2007 | 4:17 PM ET

    Investors will look in the coming week for any signs of calm returning to distressed money and credit markets and await a signal from Federal Reserve Chairman Ben Bernanke on whether an interest rate cut is imminent.

  • Video Roundup: What the Experts Say Friday, 7 Sep 2007 | 4:01 PM ET

    August non-farm payroll employment dropped by 4,000, the weakest monthly report in four years. Strategists, analysts and economists offer CNBC their insights.