Posted by Reuters: Business News on February 2, 2012
AUSTIN, Texas (Reuters) – The U.S. Federal Reserve may have more latitude to pursue easy-money policies if inflation runs below its newly-set 2-percent target, though such a move does not guarantee more jobs, a top central bank official said on Thursday.
Posted by Reuters: Business News on January 19, 2012
WASHINGTON (Reuters) – The number of Americans filing for new jobless benefits dropped to a near four-year low last week, pointing to some building up of momentum in the labor market and the economy.
Posted by Reuters: Business News on January 11, 2012
LAKE FOREST, Illinois (Reuters) – The Federal Reserve should stick to its super-easy monetary policy to fight unemployment and spur a “painstakingly slow” economic recovery, even if doing so pushes inflation temporarily higher, a top Fed official said on Wednesday.
Posted by Reuters: Business News on December 16, 2011
WASHINGTON (Reuters) – U.S. consumer prices were flat in November as Americans paid less for cars and gasoline, a further sign of a cool down in inflation that could give the Federal Reserve more room to help a still-weak economy.
Posted by Reuters: Business News on
AUSTIN (Reuters) – Europe’s debt crisis threatens to throw a strengthening economy off track, but more monetary accommodation from the U.S. Federal Reserve is not the answer, a top Fed official known for his hawkish views on inflation said on Friday.
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Posted by Reuters: Business News on
WASHINGTON (Reuters) – Consumer prices were flat in November as Americans paid less for cars and gasoline, a further sign of a cooldown in inflation that could give the Federal Reserve more room to help a still-weak economy.
Posted by Reuters: Business News on December 9, 2011
BEIJING (Reuters) – China’s industrial output growth dropped in November to its slowest pace in more than two years and inflation tumbled as economic conditions deteriorated, raising expectations that Beijing will pursue a more pro-growth policy to support jobs.
Posted by Reuters: Business News on November 9, 2011
BEIJING (Reuters) – Chinese industrial output grew at its weakest annual pace in a year in October and inflation fell sharply, raising expectations Beijing will do more to support economic growth by “fine tuning” policy.
Posted by Reuters: Business News on
TOKYO (Reuters) – European shares looked set to follow Asian equities higher on Wednesday and the euro steadied after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes the debt-ridden country would proceed with reforms that may keep Europe’s debt crisis from spreading.
Posted by Reuters: Business News on November 7, 2011
BRUSSELS (Reuters) – Retail sales in the 17 countries sharing the euro fell more than expected in September despite some resilience in powerhouse Germany, the EU’s statistics office said on Monday, reinforcing concern that the bloc’s economy may be heading for a recession.
