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Monthly Archives: October, 2008

Fed cuts interest rates to 1 percent, expects inflation to moderate

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The Federal Reserve lowered its federal funds rate, the benchmark overnight lending rate at which banks lend to one another, by 50 basis...

Consumer prices flat, inflation eases to 4.9% in September

US Inflation Calculator Staff - 0
Consumers got a respite on inflation in September, the Labor Department reported Thursday. The Consumer Price Index (CPI), which is the most watched...

Inflation rates and figures updated for October 2008

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The US Inflation Calculator website has been updated with the latest Bureau of Labor Statistics (BLS) data released Thursday, October 16. The newest figures...

Producer prices fall for second straight month

US Inflation Calculator Staff - 1
Producer prices fell in September with lower energy prices, and dropped for the second consecutive month, the Labor Department reported Wednesday. The Producer Price...

US Federal Reserve and world central banks cut interest rates

US Inflation Calculator Staff - 1
Inflation worries were thrown aside as interest rates were cut on Wednesday in a synchronized multi-country response to try to stabilize world financial...

Fed chief hints at rate cuts, and notes better inflation outlook

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Federal Reserve chairman Ben Bernanke signaled Tuesday that a cut in interest rates may turn into a reality as a result of the...

Inflation eases, but Fed’s Bullard concerned with cutting interest rates

US Inflation Calculator Staff - 0
Although the Labor Department's last report indicated an easing of inflation to 5.4% and a research group said on Thursday that September inflation...

European inflation pressures recede, and could help U.S.

US Inflation Calculator Staff - 0
The European Central Bank (ECB) shifted away slightly from an inflationary guard on Thursday, as the bank suggested the possibility of reducing interest rates...
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