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Consumer prices in the 16 countries that use the euro fell by 0.1 percent in the year to October, official figures confirmed Monday.
Consumer prices in Russia stayed flat in October for a third straight month of zero inflation, the federal statistics agency said Tuesday, opening the door for further interest rates cuts by the central bank.
Despite recent signs of improvement, the housing industry still faces a long road back. The Answer Desk, by John W. Schoen.
Prices in the 16 countries that use the euro fell on an annual basis for the second straight month in July and by more than previously anticipated, official figures showed Friday.
Former Federal Reserve Chairman Alan Greenspan says he doesn't think the Fed should be considering raising interest rates to ward off inflation — at least not yet.
Maybe it's because there are signs that the housing market could be stabilizing — for now — and the financial markets have gotten past panic mode. But lately a lot of readers complain that those of us who follow these things for a living completely missed the boat on warning readers that it was coming.
The 16 countries that use the euro saw zero inflation in the year to May, official figures showed Friday, stoking expectations prices may fall for several months — and increasing concern about whether policymakers are doing enough to ward off a debilitating downward spiral.
China's bout of deflation persisted in April, as consumer prices fell 1.5 percent from elevated levels a year earlier, but analysts said they expect prices to start heading upward later in the year.
With consumer prices under control — at least for now — inflation is no longer a big worry for most savers. But if you’re one of the inflation-averse savers who bought Series I savings bonds to protect you from inflation, you just got a nasty surprise.
Wholesale prices dropped sharply last month as the cost of food, gasoline and home heating oil plummeted, fresh evidence that inflation appears to pose little immediate threat to the economy.
Official inflation calculated in U.S. dollars, the nation's adopted currency, dipped slightly in March but an independent consumer group said Thursday overall living costs for an average family rose.
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 succumbing to a potentially debilitating deflationary spiral.
Chairman Dodd, Senator Shelby, and members of the Committee, I appreciate the opportunity to discuss monetary policy and the economic situation and to present the Federal Reserve's Monetary Policy Report to the Congress.
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 vegetables.
With all the talk about a new fleet of electric cars coming down the pike, Jacob in Denver is wondering: Is the nation's power grid really ready for all these vehicles?
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 amount in seven years.
Argentina's annual inflation officially slowed to 7.2 percent in December, its lowest yearly level since 2004.
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 borrowing costs to fall, the national statistics agency said Tuesday.
Consumer prices in Latvia dropped for a second consecutive month in December, official figures showed Monday, sparking concerns about deflation, which experts warn would exacerbate the ailing economy's woes.
Ecuador says inflation more than doubled in 2008 to a six-year high of 8.8 percent.
Mexican consumer prices rose at their fastest pace since 2001 last year, the central bank reported Thursday, complicating the global economic crisis' effect on the country.
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 government said Tuesday.
Inflation in the Philippines slowed in December to 8 percent as fuel and other basic commodity prices continued to decline, the government said Tuesday.
Spain said Monday its inflation rate for 2008 was 1.5 percent, the lowest rate in a decade.
Germany's annual inflation rate sank to 1.1 percent in December as oil prices continued to slide, according to preliminary data released Tuesday.
Is Obama Really Plunging the Nation into Debt?-A Short History of the National DebtAfter reading a comment a friend of mine made on Facebook, I decided I should look into it.
Barrick shuts hedge book as world gold supply runs out - TelegraphThis is a double "oh-@!$%#" moment. We should see Gold shoot up and our dollars drop to nothing.
The root cause of the crash is the excessive inflation of bank credit. An entire nation cannot borrow for 50 years and then expect that all will be fine when the pay back time arrives. FED policies have inflated bank credit for decades. When we borrow, banks create new money.
Could America go broke?". . .Despite huge deficits, interest rates on 10-year Treasury bonds have hovered around 3.5 percent. In time of financial crisis, investors have sought the apparent sanctuary of government bonds.
Stealth InflationIn the popular mentality, however, inflation is simply defined as prices rising. After decades of steadily rising prices, people seem to have forgotten that prices sometimes fall.
China's 8.9% Growth? No Way by Gordon G. ChangChina's 8.9% Growth? No Way Beijing has spent its way to a sugar high.
Women's Wages Outpaced Men's During Recession The wages of the typical woman who had a job during the worst recession in decades rose faster than those of the typical man, new data from the Bureau of Labor Statistics show.
Federal Deficit Reaches All-Time High of $1.42 TrillionThe federal budget deficit has surged to an all-time high of $1.42 trillion as the recession caused tax revenues to plunge while the government was spending massive amounts to stabilize the financial system and jump-start the economy.
As Social Security recipients received official word yesterday that 2010 will be the first year without an automatic cost-of-living adjustment (COLA) since it went into effect in 1975, the other word --- stimulus --- continues to appear on other pages of newspapers, notes Grump …
The president has signed the order to give each senior $250 this year to help them along.
Since Nixon severed gold from the greenback in 1971, the dollar's comparative value has fallen 97%. Money printing today will only hasten the currency's destruction.
Save the Greenback, Mr. President I believe the story of the dollar is one of the most under reported stories in the news. The next few months will be critical for this country and the dollar.
I was checking out the web the other day and saw an article in "The Independant" that really made me stop and think.
FT.com / US / Economy & Fed - Obama under fire over falling dollarMuch of today's debate echoes the traditional political response in the US whenever the currency depreciates.
The events in today's market have a dramatic effect on the value of our federal reserve dollar that we use every day. The only truely constitutional dollar is the American Eagle made of silver or gold.
Potential end of dollar-based oil deals lifts gold - MarketWatchThe dollar soon becomes inflated; our gold reserves, if any, will be depleted leaving little to back our currency other than silver after the collapse of the federal reserve dollar.
Want a Longer, Deeper Recession?Then follow along with Obamunism…which is just warmed-over New Dealism: If anyone in Washington were to be so wacky as to seek to extend the pain of a recession, what course would they follow? "America's Great Depression," Rothbard presents that very catalog of idiocy.
Dollar Falls on Report Gulf States May Stop Using Greenback - Bloomberg.comThe dollar is losing any sort of luster as the worlds currency.
Updated: 02-Oct-09: I updated my research and put together this analysis. Research links are at the end. Highlights:
Fed's Dudley Sees Risk of Declining Inflation as 'Problematic' Federal Reserve Bank of New York President William Dudley said that the risk of falling inflation is "problematic" for the economy and that interest rates should stay low for a while to ensure a "robust recovery."
Are We Witnessing the Collapse of Liberalism? - The question now isn't will the United States pay a terrible price for the President's policies, but when.Less than a year into his presidency, Barack Obama's world grows bleaker. Liberalism's world is bleaker. At home and abroad, liberalism, as advanced by the President, is failing.
This came up in a thread - and so I figured I'd make it easy to find - it's my long term monetary/economic forecast (Just like in the title!!! How 'bout that!)
ECONOMIC SCENE: Afghanistan will cost US more than IraqFunding for war in Afghanistan will eclipse Iraq for the first time in next year's budget...
Schiff: Rising Gold Signals InflationGold's recent two-day 15 percent surge, Schiff notes, is the equivalent of the Dow being up 1,400 points — and a clear signal that investors fear inflation is just around the corner, says Euro Pacific Capital CEO Peter Schiff.
Greenspan Sees Threat U.S. Congress Will Hamper Fed Former Federal Reserve Chairman Alan Greenspan said he's worried that lawmakers will hamper U.S. central bank efforts to rein in its monetary stimulus, and that inflation might "swamp" the bond market.
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