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The Bank of England has cut interest rates by one percentage point, from 3% to 2% - the lowest level since 1951.
The move, which followed a dramatic cut in November, has been welcomed by many commentators who said the cut would help the slowing...
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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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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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Demand for fixed rate loans among Queensland borrowers remained steady at 40 per cent during March 2008, as borrowers continued to show their concern about interest...
made popular Apr 28 2008
India’s interest-rate swaps show investors are bracing for central bank measures that may require banks to hold more money in reserve as policy makers seek to...
made popular Apr 3 2008
The Bank of Japan kept interest rates on hold in the face of market turmoil that has sent both stocks and the dollar sliding. Being a central bank BOJ, is an entity...
made popular Nov 14 2007
The U.S. Federal Reserve once again left its key interest rate unchanged amid economists’ warning to keep vigil on inflation.
Fed officials in a unanimous move...
made popular Jun 29 2007
The Bank of Japan decided to retain the interest rate at 0.5 percent. It was expecting that bank of Japan would increase its benchmark bank rate, but bank emphasis to...
made popular Jun 15 2007
New Zealand’s central bank increases its interest rate to a record high 8 percent from 7.75 percent amid the speculation of surging inflation.
Bank heightened...
made popular Jun 8 2007
Although, slumping prices for the new homes is trimming the profits of homemakers yet the Federal Reserve officials are worried about the inflation. Federal Reserve...
made popular May 31 2007
Pulte Homes, the nation’s second-largest homebuilder, plans to reduce its work force by 16 percent.
The recent cut is a part of its restructured plan, which will...
made popular May 30 2007
The Bank of England signaled further to increase its interest rates to bring inflation down to the announced target as unemployment fell to the lowest since October...
made popular May 17 2007
China’s economy in the first quarter grew 11.1 percent from the corresponding period last year, fuelled by rapid investment and booming exports. At the same time,...
made popular Apr 19 2007
The UK inflation rate surged unexpectedly to 3.1 percent in March, according to official figures. The unexpected acceleration of inflation has pushed the pound to $2...
made popular Apr 17 2007
The Federal Reserve has reinforced its position that inflation remained the biggest threat to the economy in its minutes from the March meeting. At the last meeting,...
made popular Apr 12 2007
US stocks lost more ground after Federal Reserve Chief Ben Bernanke highlighted risks to US economic growth and signaled a steady hand on interest rates. Shares of some...
made popular Mar 29 2007
The Federal Reserve policymakers voted unanimously to keep interest rates unchanged in an expected move. However, they acknowledged that the nation’s economy is...
made popular Mar 22 2007
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....
made popular Jan 29 2007
The U.S. housing sector has shown some signs of recovery with strong gains reported in sales of new homes in December, according to an official data released by the...
made popular Jan 27 2007
A recent report has suggested that the UK economy is moving ahead to mark a robust growth this year, motivated by the thriving financial sector and constantly...
made popular Jan 22 2007
Notwithstanding with the optimist forecast, the US economy growth rate in the third quarter touched a new low as housing market continues to shake consumer confidence....
made popular Dec 22 2006
A number of Americans are facing a situation of rising and fluctuating mortgage interest rates and this is in fact an important question which needs to be answered as...
made popular Oct 31 2006
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