WASHINGTON (Reuters) - Labor market and consumer prices data on Thursday showed the U.S. economy is on a moderate growth path and inflation pressures are contained, backing up the Federal Reserve's vow to keep benchmark interest rates ultra-low for some time. Initial ...
Japanese land prices fell at the fastest pace for five years in 2009, as the nation's weak economy struggles with another bout of deflation, official data said Thursday. Costs across the country fell 4.6 percent on average, the land ministry said in ...
WASHINGTON (Reuters) - Consumer prices were unexpectedly unchanged in February as a drop in energy costs was offset by higher food and medical care costs, a government report showed on Thursday, backing up the Federal Reserve's commitment to ultra low interest rates. ...
Chart shows percent change in the Consumer Price Index from prior month, seasonally adjusted Copyright 2010 AP News
US consumer prices were flat in February, restrained by lower fuel prices, the government said Thursday. The consumer price index, a measure of the average change in prices of goods and services purchased by households, was unchanged from 0.2 percent in January, ...
WASHINGTON (Reuters) - Producer prices fell more steeply than expected in February, posting their biggest drop in seven months as energy costs tumbled, according to a government report on Wednesday that pointed to scant inflation pressures. The Labor Department said the seasonally ...
Economists expect wholesale prices to dip slightly in February reflecting lower energy costs Economists expect that wholesale prices fell in February, reflecting declines in both energy and food costs. Analysts surveyed by Thomson Reuters expect wholesale costs dipped by 0.2 percent. The ...
Japan's central bank doubled the amount of cash it will make available to banks Wednesday while keeping interest rates at a record low as it tries to kickstart a stuttering economic recovery. Under government pressure to help fight deflation, the Bank of ...
Bank of England policymakers were unanimous in their decision to maintain record-low interest rates earlier this month, minutes from the meeting showed on Wednesday. The central bank's Monetary Policy Committee (MPC) voted 9-0 in favour of keeping its key rate at 0.50 ...
Japan central bank expands lending to fight deflation, holds interest rates Japan's central bank is escalating the fight against deflation by offering more cheap loans to banks. In a split decision, the Bank of Japan's policy board decided Wednesday to double the ...
