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Tag: inflation

U.S. Producer Prices Probably Fell in December for Fifth Month

By Shobhana Chandra
Jan. 15 (Bloomberg) — Prices paid to U.S. producers probably fell in December for a fifth month as demand for raw materials collapsed with the deepening recession, economists said before a report today.

Colombian Bonds Climb on Rate-Cut Outlook; Chile Peso Gains

By Andrea Jaramillo and Drew Benson
Jan. 8 (Bloomberg) — Colombia’s peso bonds rose on speculation the central bank will cut further its benchmark interest rate as the cooling economy eases inflation pressure.

Rand Rises Against Dollar on Prospects for South African Rates

By Garth Theunissen
Dec. 20 (Bloomberg) — The rand rose against the dollar for a second week after the U.S. Federal Reserve cut interest rates to almost zero and on speculation South Africa’s central bank will lower borrowing costs to stimulate its economy.

FOREX-US dollar tumbles after Fed cuts rates to record low

By Vivianne Rodrigues
NEW YORK, Dec 16 (Reuters) - The U.S. dollar tumbled versus the euro and the yen on Tuesday after the Federal Reserve cut its benchmark interest rates more than expected to a record low, further diminishing the appeal of the greenback.

Noyer Says Inflation May Be Negative in Some Months, Figaro Says

By David Whitehouse
Dec. 11 (Bloomberg) — European Central Bank council member Christian Noyer told Le Figaro in an interview that inflation expectations have declined and that inflation readings may be negative in some months.

Euro Dreams Fade for Zloty, Forint, Koruna on Slump

By Ewa Krukowska

Dec. 8 (Bloomberg) — The slowing global economy is halting the spread of monetary union into eastern Europe and may lead to another year of losses for the Polish zloty, Hungarian forint and Czech koruna.