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.
Posted: January 15th, 2009 under News.
Tags: Fed Bank of New York, inflation, New York Mercantile Exchange
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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.
Posted: January 9th, 2009 under News.
Tags: Chile Peso, Chile's Central Bank, Colombian Bonds, Forex, Global Recession, inflation, Inflation Pressure, interest rate, Macroeconomic Situation, Oil Export Revenue, Venezuela Devaluation
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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.
Posted: December 22nd, 2008 under News.
Tags: BNP Paribas, Dollar, Federal Reserve, Global Recession, inflation, Rand, South Africa's Central Bank, South African Reserve Bank
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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.
Posted: December 17th, 2008 under News.
Tags: Australian Dollar, bank of Japan, Dollar, Euro, Federal Reserve, Financial Markets, Foreign-exchange trading, Global Recession, greenback, inflation, Intercontinental Exchange, Major currencies, New Zealand Dollar, U.S. Dollar index, Yen
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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.
Posted: December 11th, 2008 under News.
Tags: Bank of France, ECB Interest rates, European Central Bank, inflation
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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.
Posted: December 9th, 2008 under News.
Tags: Bank of America, Currency traders, Czech central bank, Czech koruna, east European currencies, Euro, European Union Monetary Affairs, Hungarian forint, Hungary’s central bank, inflation, Monetary, Polish zloty, pre-euro exchange-rate, Risk-Reversal Rate, Slovakia’s central bank, volatility
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