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October 13, 2008 5:06:54 AM CDT


Stories related to: inflation

Stories

Stories 41 - 60 of 110

  • March 2008
    • Fed Cut Raises Inflation Fears

      Fed Cut Raises Inflation Fears

      (Newser) - The Federal Reserve's latest rate cut might boost the economy with cheaper credit, but economists worry a freed inflation genie could be behind any magic, the Washington Post reports. Commodity prices rose to record levels in expectation that the rate cut would keep demand high, and the price hikes are liable to soon filter down to the checkout line. More »

      Tags

      Federal Reserve   Ben Bernanke   inflation   mortgage   interest rate cut   commodities   exports   Kenneth Rogoff

    • Housing Starts Down; Producer Prices Up

      Housing Starts Down; Producer Prices Up

      (Newser) - Housing starts fell yet again in February, and building permits hit a 16-year low, Bloomberg reports. The annual housing start rate fell to 1.065 million homes, a 0.6% drop from January, while permits sank 7.8%, indicating still bigger declines to come. “We don’t see it bottoming out,” said one Wachovia economist. February’s starts beat estimates, but permits fell more than forecast. More »

      Tags

      Ben Bernanke   housing market   inflation   construction   core inflation   housing starts   building permit

    • Fed 'Will Get on Top of This,' Says Bernanke Mentor

      Fed 'Will Get on Top of This,' Says Bernanke Mentor

      (Newser) - Ben Bernanke has the savvy to inject enough liquidity into the US economy to push it through the current credit crisis, says a leading economist who advised the Fed chief's MIT doctoral thesis. “The Fed will get on top of this,” said Stanley Fischer, ahead of this afternoon's meeting in which the board was expected to announce a rate cut of up to 1%. More »

      Tags

      Financial Crisis   Federal Reserve   credit crisis   Ben Bernanke   inflation   interest rate cut   MIT   IMF   International Monetary Fund

    • Consumer Prices Flat in Feb.

      Consumer Prices Flat in Feb.

      (Newser) - Consumer prices were flat for February, pleasantly surprising economists who expected a 0.2% increase, reports the Wall Street Journal . This morning’s consumer price index eases concerns that inflation is accelerating as the economy slows, and it gives the Federal Reserve more reason to float a large interest rate cut next week. A drop in energy prices was credited with the inflation relief, likely to be short-lived as this month's record oil and gas prices are factored into the next reports. More »

      Tags

      US economy   gas prices   oil price   economy   inflation   food prices   consumer prices   core inflation   Consumer Price Index   energy costs

    • Ruling Conservatives Should Fare Well in Iran Vote

      Ruling Conservatives Should Fare Well in Iran Vote

      (Newser) - Iranian conservatives are likely to gain seats in tomorrow's parliamentary elections despite Mahmoud Ahmadinejad's growing unpopularity, Al Jazeera reports. Iranians may disapprove of the president's economic policies, but the ruling Guardians Council barred 1,700 candidates—mainly reformists—from seeking election to the 290-seat parliament. Government officials and state-run media are urging high turnout after campaigning limited to one week. More »

      Tags

      Iran   election   inflation   Mahmoud Ahmadinejad   Ayatollah Ali Khamenei

    • Gold Hits Record $1K per Ounce

      Gold Hits Record $1K per Ounce

      (Newser) - Gold hit $1,000 per ounce for the first time today, the BBC reports, as investors flock to commodities. The precious metal is already up 20% on the year. “Every bit of bad US economic data boosts gold in two ways,” said Fortis Bank, both because gold is a “safe haven” asset and because the dollar drops on expectations of US interest-rate cuts. More »

      Tags

      Federal Reserve   inflation   US dollar   interest rate   interest rate cut   commodities   gold

    • $4 Gas Expected This Spring

      $4 Gas Expected This Spring

      (Newser) - Skyrocketing gas prices could hit $4 a gallon as early as this spring, predict government analysts. A new Energy Department report estimates prices will peak at close to $3.50 in most of the nation in May and June, but the $4 barrier could be broken in some regions, and even across the country for a short period as demand peaks, reports USA Today . More »

      Tags

      gas prices   oil price   oil   inflation   oil supply   $100 a barrel oil

    • Oil Flirts With Record-High $104

      Oil Flirts With Record-High $104

      (Newser) - As oil soared to nearly $104 a barrel today, it set an all-time, inflation-adjusted record, surpassing even the height of the oil crises of the '70s and '80s, the New York Times reports. Futures touched $103.95 on the New York Mercantile Exchange, beating out the April 1980 record of $39.50 a barrel, or $103.76 adjusted for inflation. More »

      Tags

      oil price   oil   inflation   commodities   oil supply   $100 a barrel oil   futures market   New York Mercantile Exchange   oil crisis

  • February 2008