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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...
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Ireland’s consumer-price index fell 4.7% in May from a year ago, by far the sharpest of price drops across Europe and the worst here since 1933.
Inflation has...
made popular Jun 12 2009
The new Congress led government has indicated its priorities and areas of action as outlined in the President’s speech, Thursday. It reads as a continuation of the...
made popular Jun 5 2009
AP, Shanghai
China’s consumer price index, its main inflation benchmark, fell to minus 1.6 percent in February, but officials downplayed the risk that the country is...
made popular Mar 10 2009
AP, Shanghai
China’s consumer price index, its main inflation benchmark, fell to minus 1.6 percent in February, the National Statistics Bureau reported Tuesday.
made popular Mar 10 2009
AP, Washington
Factory jobs disappeared. Inflation soared. Unemployment climbed to alarming levels. The hungry lined up at soup kitchens.
made popular Mar 8 2009
Every day while moving from one market to another market we used to find the diffrent price of the same product.
Apple price in same shop with same quality different...
made popular Mar 2 2009
The stock-market panic is not the only reason for rising investment demand.
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- Sensex cuts losses on late buying; Tata Steel,...
made popular Feb 28 2009
I remember the euphoria that swept through the country when news came down that the war was as good as over and that even if the country was to be renamed, peace was in...
made popular Feb 26 2009
Zimbabweans will be allowed to conduct business in other currencies, alongside the Zimbabwe dollar, in an effort to stem the country\’s runaway inflation.
The...
made popular Jan 30 2009
AP, Mexico City
Mexico’s central bank says the country’s stubbornly high inflation has dipped in early January because of lower prices for electricity and some fruits and...
made popular Jan 22 2009
Ten million Kenyans are facing starvation but all our politicians can do is heighten their blame games as the situation deteriorates.
When the post election violence...
made popular Jan 16 2009
AP, Washington
Another huge plunge in energy costs sent wholesale inflation down for a fifth straight month in December, closing out a year in which prices dropped by the largest...
made popular Jan 15 2009
AP, Buenos Aires
Argentina’s annual inflation officially slowed to 7.2 percent in December, its lowest yearly level since 2004.
made popular Jan 13 2009
AP, Stockholm
Sweden’s annual inflation rate fell sharply in December, to 0.9 percent from 2.5 percent in November, mainly because of large interest rate cuts which caused...
made popular Jan 13 2009
AP, Quito
Ecuador says inflation more than doubled in 2008 to a six-year high of 8.8 percent.
made popular Jan 8 2009
AP, Mexico City
Mexican consumer prices rose at their fastest pace since 2001 last year, the central bank reported Thursday, as the global economic crisis starts to hit the country...
made popular Jan 8 2009
AP, Brussels
Inflation in the countries that use the euro currency dropped further in December to 1.6 percent, according to official estimates, stoking market expectations that the...
made popular Jan 6 2009
AP, Santiago
Chilean inflation dipped to 7.1 percent last year as the slowing world economy brought the country’s biggest one-month price decline in 42 years in December, the...
made popular Jan 6 2009
AP, Brussels
Inflation in the countries that use the euro currency dropped further in December to 1.6 percent, according to official estimates.
made popular Jan 6 2009
AP, Manila
Inflation in the Philippines slowed in December to 8 percent as fuel and other basic commodity prices continued to decline, the government said Tuesday.
made popular Jan 6 2009
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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...
made popular Sep 9 2008
When Hong Kong pegged its currency to the US dollar decades ago, least did it realize that any future trouble in the US economy will prevent the monetary authority of...
made popular Mar 20 2008
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