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Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

7/27/2015

Federal Reserve Accidentally Leaks Secret Documents

WASHINGTON, July 24 (Reuters) - Staff economists at the Federal Reserve expect a quarter-point U.S. interest rate increase this year, according to forecasts the Fed mistakenly published on its website in a gaffe that drew criticism about its ability to keep secrets.

7/24/2015

Bank of Japan Only Imagines Inflation

It's too bad the central banking profession has no Hippocratic oath. If it did, Haruhiko Kuroda would've known better than to harm Japan's reflation regimen by saying prices are about to "accelerate considerably."

6/17/2015

UK inflation rate turns positive

Transport costs helped the UK's inflation rate turn positive in May after one month of negative inflation. Inflation, as measured by Consumer Prices Index (CPI), rose to 0.1% in May, up from -0.1% in April.

5/27/2015

G-7 Finance Officials to Discuss Loose Monetary Policy Risks

Financial chiefs from the Group of Seven nations will discuss policies to achieve sustainable economic growth and fight potential risks from the present loose monetary policy, a German official said Tuesday.

5/21/2015

Global Inflation Mystery Risks Making Central Bankers Bystanders

Janet Yellen’s Federal Reserve is “reasonably confident” it can drive up consumer prices. Mario Draghi says his European Central Bank’s stimulus has already “proven so far to be potent.”

4/18/2015

G20 warns of financial volatility risk as central banks diverge

WASHINGTON, April 17 (Reuters) - The Group of 20 leading economies was set on Friday to warn of a heightened risk of financial volatility as the monetary policies of major central banks begin to go their separate ways.

4/01/2015

Weak demand in Asia calls for more stimulus

(Reuters) - Companies struggled in China and much of the rest of Asia in March amid persistently weak domestic and global demand, suggesting that policymakers may have to resort to more stimulus to spur growth.

2/11/2015

G20 plan for investment targets runs into stiff opposition

ISTANBUL (Reuters) - Group of 20 finance officials look likely to reject a proposal to set countries specific investment targets to spur a global economy which appears increasingly reliant on the United States for growth.

1/13/2015

Fed may hike rates even in absence of inflation pickup: Lockhart

(Reuters) - Atlanta Federal Reserve Bank President Dennis Lockhart said on Monday the central bank may begin raising interest rates even if inflation is not clearly rising to its 2 percent target.

11/27/2014

Russia Weighs Monetary Easing Next Year

The Bank of Russia is considering potential monetary easing starting from the second half of next year, Governor Elvira Nabiullina said.

11/07/2014

UK interest rates remain at record low of 0.5%

The Bank of England has held UK interest rates at a record low of 0.5% for another month. It has also decided not to extend its quantitative easing programme, designed to stimulate lending in the economy, beyond the £375bn already spent.

10/16/2014

Exclusive: Fed's Williams downplays global risks, eyes U.S. inflation

(Reuters) - A bellwether Federal Reserve policymaker on Tuesday downplayed concerns about weakness in the global economy, saying the U.S. central bank should only delay an interest rate hike next year if inflation or wages fail to perk up.

10/04/2014

Pound falls below $1.60 for first time since November on strong US data

Expectation-busting US data has hammered the pound, as it fell below the psychologically significant $1.60 level for the first time since November.

9/11/2014

France breaks 2015 deficit-cutting promise

(Reuters) - France announced on Wednesday it was breaking the latest in a long line of promises to European Union partners to cut its public deficit, conceding it now would take until 2017 to bring its finances in line with EU rules.

8/28/2014

Japan's growth outlook dims further, BOJ policy prospects unclear - Reuters Poll

TOKYO August 27 (Reuters) - Japan's economic outlook has dimmed further and inflation is stalling but analysts in a Reuters poll were split on whether the central bank would ease policy this year or wait until 2015 to try and revive growth.

8/25/2014

Italian Bond Yields Fall to Record With Spain’s on ECB Outlook

Italian 10-year government bond yields fell to a record in the week on bets European Central Bank officials will maintain monetary stimulus even as their peers in the U.K. and U.S. consider tighter policy.

7/26/2014

Ghana protests over high cost of living

Thousands of workers across Ghana have taken to the streets to protest about the rise in the cost of living.

7/11/2014

India budget: Arun Jaitley unveils reform plans

India's new government is lifting some caps on foreign investment, tightening borrowing limits and plans to introduce a goods and services tax as part of what it calls a "budget for growth".

7/01/2014

Fed's Williams sees no rate hike until after mid-2015

(Reuters) - The Federal Reserve will probably need to keep interest rates near zero for at least another year, a top Fed official said on Monday, even as he expressed optimism the economy is well on its way to health.

6/27/2014

Taxes Proving Gift to Chile Banks as Reform Spurs Loans

President Michelle Bachelet’s tax plan has helped drive a 20 percent rally for Chilean financial stocks over the past year, or 10 times the return of the benchmark index.