US Inflation News
US stocks slip after S&P breaks 2,000 barrier
27 August 2014 | 4:18 pm
New York (AFP) - Wall Street fell slightly in early trade Wednesday a day after the S&P 500 set a new mark, closing above the 2,000 milestone for the first time.
Thursday preview: US GPD, German jobs and inflation
27 August 2014 | 4:01 pm
US economic growth data for the second quarter is due on Thursday amid speculation over the first interest rate hike from the Federal Reserve. US gross domestic product is forecast to rise an annualised 3.9% in the second quarter after a 4% increase the previous three months.
AP survey: US economists agree with Fed's concerns but fear it will raise rates too late
26 August 2014 | 5:43 pm
WASHINGTON - Economists appear to be of two minds about the Federal Reserve.
US Tornadoes numbers continue their slumber
26 August 2014 | 5:36 pm
As we head toward the beginning of Meteorological Fall (Sept, Oct, Nov), its appropriate to check in on our tornado season here in the United States.
Economists say Fed is on ‘the right track’
25 August 2014 | 4:01 pm
A majority of economists believe the Federal Reserve is doing the right things to help repair the US economy, according to a survey released Monday by the National Association of Business Economists. In the association's semiannual survey, 53 percent of economists said the Fed's stimulus programs were ``on the right track'' for the US economy while 39 percent thought the Fed was doing too much ...
Economists say US Fed on right track
25 August 2014 | 7:01 am
A vast majority of economists believe the US economy is at little risk of inflation in the coming years.
Declining food prices increase the risk of global deflation
23 August 2014 | 9:12 pm
International food prices have been declining in recent months, reflecting record harvests and weak global demand.
Dollar continues to push higher against euro
20 August 2014 | 10:09 pm
The US dollar pushed to its highest level against the euro in 11 months, helped by Federal Reserve meeting minutes which showed an increasing focus on inflation.
US close: Retailers, US inflation data boost stocks
20 August 2014 | 6:58 am
US stocks gained as investors weighed solid earnings from retailers and reports on inflation and housing starts. Home Depot helped to push retail stocks higher after reporting a rise in second quarter revenue that beat estimates and lifted its forecasts.
What inflation worries?
13 August 2014 | 11:45 am
Is US inflation about to rise? The strongest reason to think so is not that the Fed has been printing money - the notion that this must be inflationary has been refuted by the facts - but simply that unemployment is falling.
Also, check the US inflation reports and data at US Inflation.org.
World Inflation News
UK offers £10m more in aid to Iraq
27 August 2014 | 4:21 pm
Justine Greening says the humanitarian situation in Iraq is "deeply worrying" as the UK offers £10m more in aid.
Japan Abe aide Hamada: Could do next sales tax hike in stages
27 August 2014 | 8:58 am
Japan could soften the impact of a planned sales tax increase by raising it in stages rather than IN a single hike, an outside adviser to Prime Minister Shinzo Abe said on Wednesday. Koichi Hamada, professor emeritus of economics at Yale University, also told Reuters that Abe should focus on structural reforms and slash corporate taxes deeper than currently planned to boost the economy and ...
Japan lab unable to replicate 'stem cell' findings
27 August 2014 | 8:35 am
Researchers in Japan said Wednesday they have been unable to replicate experiments that were hailed earlier this year as a "game-changer" in the quest to grow transplant tissue, amid claims evidence was faked. In a scandal that rocked Japan's scientific establishment, Riken -- the research institute that sponsored the study -- launched an independent experiment in April to verify research ...
Japan PM Abe sent condolences to memorial for convicted war criminals
27 August 2014 | 7:44 am
Japanese Prime Minister Shinzo Abe sent a condolence message to a ceremony honoring "martyrs" convicted as war criminals after World War Two, his top spokesman said on Wednesday, news that could snarl efforts to thaw chilly ties with China. Abe sent the message in April to a Buddhist temple in western Japan housing a monument to more than 1,000 "Showa Martyrs", including wartime leaders ...
Japan lab unable to replicate 'stem cell' findings: report
27 August 2014 | 6:15 am
Researchers in Japan have been unable to replicate experiments that were hailed earlier this year as a "game-changer" in the quest to grow transplant tissue, amid claims evidence was faked, a report said Wednesday. In a scandal that rocked Japan's scientific establishment, Riken -- a research institute that sponsored the study -- launched an independent experiment in April to verify research ...
Japan vice economy minister: More caution needed on next tax hike
27 August 2014 | 5:59 am
Japan's government needs to be more cautious about a coming decision on raising the national sales tax than it was on the previous hike as the economy reaches a "make-or-break point," a senior government official said on Wednesday. Vice Economy Minister Yasutoshi Nishimura told Reuters he was concerned that the drag on consumption from the April 1 tax hike is proving prolonged, saying the ...
Japan data to turn up heat on BOJ debate
27 August 2014 | 3:21 am
A deluge of Japanese economic data on Friday is set to influence expectations on whether the Bank of Japan (BOJ) will top up its stimulus program.
Japan ready to offer flu drug for Ebola treatment
25 August 2014 | 5:44 pm
Japan said Monday it is ready to provide a Japanese-developed anti-influenza drug as a possible treatment for the rapidly expanding Ebola outbreak. Chief Cabinet Secretary Yoshihide Suga told reporters ...
Canada's inflation rate lower in July at 2.1 per cent, down from June
22 August 2014 | 3:26 pm
Tame inflation, but robust retail sales sent conflicting signals Friday about the Canadian economy, economists say. Statistics Canada said the rise in the cost of living was tempered in July, with the annual inflation rate coming in at 2.1 per cent. The conflicting readings send two different messages to the Bank of Canada about its trend-setting policy rate, said Doug Porter, chief economist at ...
Canada Inflation Slows to 2.1% in July on Gasoline Prices
22 August 2014 | 12:56 pm
Canada’s inflation rate slowed for the first time in five months in July as gasoline prices fell during the month.