Tag - inflation
A faltering US dollar, that had touched its all time low compared with Euro last Friday, has favorably affected US exports by reducing its trade deficit but a strong Euro is not good news for European exporters with exports to the countries trading...
The Fed has become rather agile reacting quickly to any signs of further downturn in the US economy. In keeping with the current trend of monetary activism, the Federal Reserve has further reduced the Fed rate by half basis point to 3%. This rate cut...
The Federal Reserve cut the Fed rate or the main interest rate by 25 basic points on Tuesday to 4.25%. Contrary to the expectations of most investors, the Fed did not reduce the bank rate by 50 basic points. A disappointed equity market responded by a...
There are strong chances that interest rates in U.K will rise this month, says a report. According to a research conducted by BDO Stoy Hayward inflation threat expectations have been shot to a two-year high. BDO has stated that The Bank of...
India's Central Bank, Reserve Bank of India may raise its interest rate for the fourth time in a year as record economic growth stokes inflation.
Governor Y. V. Reddy expected to increase the reverse repurchase rate to a five-year high of 6.25...
Edmund S. Phelps who is a professor at Columbia University won the Nobel Prize in Economics yesterday for his work explaining the relationship between inflation and unemployment, producing theories that helped revolutionize the way the Federal Reserve...
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