The very latest inflation related news from leading world media sources discussing US inflation, inflation rates, data and impact on economies. (News from this site is directly on the US Inflation home page, directly below the inflation calculator.)
US stocks power higher after jobs report
6 December 2013 | 10:10 pm
New York (AFP) - US stocks ended sharply higher Friday after a strong jobs report fueled expectations that the Federal Reserve will begin to reduce its huge stimulus soon.
US jobless rate drops to five-year low
6 December 2013 | 8:58 pm
The US jobless rate fell sharply to 7.0 percent in November, a five-year low, raising the odds Friday that the Federal Reserve could soon cut its huge stimulus program. Bernanke has said the 7.0 percent number is only an indicative figure, and Fed officials generally appear to have backed away from it.
Europe close: Better-than-expected US jobs lifts stocks
6 December 2013 | 5:12 pm
US non-farm payrolls rise unexpectedly; German factory orders fall more than forecast; UK inflation expectations and house prices rise
Market overview: FTSE 100 ends higher following US jobs report
6 December 2013 | 5:02 pm
1630 Close: The FTSE 100 finished up 53.55 points at 6,551.99 following a better-than-expected US jobs report. Concerns that the positive figures would prompt the Federal Reserve to begin reducing monetary ...
US consumer spending picks up speed in October
6 December 2013 | 2:57 pm
US consumer spending picked up pace in October, despite a dip in income, the Commerce Department reported Friday. Consumer spending rose 0.3 percent in October, matching the average estimate and accelerating slightly from a 0.2 percent in increase in September. The October 1-16 partial government shutdown had no impact on government wages and salaries because Congress authorized back pay for ...
US consumer spending rises, but inflation muted
6 December 2013 | 2:31 pm
US consumer spending rose in October, but still benign inflation pressures offered a cautionary note for the Fed as it weighs the future of its bond-buying program.
Europe midday: Stocks mixed on German, UK and US data
6 December 2013 | 12:20 am
German factory orders fall more than forecast; UK inflation expectations and house prices rise; Investors wait on US jobs report
US economy grew a speedy 3.6 percent in Q3
5 December 2013 | 4:55 pm
Washington (United States) (AFP) - The US economy grew at a 3.6 percent pace in the third quarter, much better than earlier estimates and the strongest rate in almost two years, data showed Thursday. The Commerce Department revised sharply upward its first estimate of 2.8 percent annualized growth for the July-September quarter. Increases in final sales -- GDP less inventory investment -- slowed ...
Inflation still within target – Tetangco
5 December 2013 | 2:02 pm
Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. yesterday reiterated that the impact of typhoon Yolanda on consumer prices is contained and the government inflation outlook remains unaffected. Tetangco commented that as the extent of the typhoon damage are revealed in the next months, inflation as expected will increase. “As experience in past […]
Dip in US inflation could postpone Fed taper
21 November 2013 | 6:43 am
A Government report on Wednesday showed US inflation at a four-year low, which could allow the Fed to maintain its loose monetary policies. The report came a day after Federal Reserve chi...
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World Inflation News
Japan parliament approves contentious secrets law
7 December 2013 | 1:39 am
Japan's parliament approved a state secrets law that stiffens penalties for leaks by government officials and for journalists who seek such information, overriding criticism that it could be used to cover ...
Japan-ASEAN summit statement to call for free airspace over high seas - Kyodo
6 December 2013 | 3:25 am
Japan and the 10-member Association of Southeast Asian Nations are set to call for freedom of airspace over the high seas in a communique at next week's Tokyo summit, a move directed at China's aviation defence zone, Kyodo news agency said. A draft of the joint statement also expresses the resolve of Japan and ASEAN to bolster cooperation in maritime security, Kyodo said on Friday. Japan and ...
Japan Finds Scrapping Nuclear Boosts Pollution, Fuel Cost
5 December 2013 | 9:29 pm
Japan is finding the alternatives to nuclear power pollute more or come with higher fuel costs, limiting Prime Minister Shinzo Abe’s scope to reshape the energy industry almost three years after the meltdown in Fukushima.
Japan to spend more to secure recovery
5 December 2013 | 1:21 pm
Japan will increase government spending by about $53.5 billion to keep its economic revival program on track. The government approved the stimulus package Thursday to neutralize the impact of a tax hike ...
BoC keeps rate unchanged, but dovish inflation outlook pushes loonie lower
4 December 2013 | 5:26 pm
OTTAWA - The Bank of Canada says it sees some encouraging signs in the Canadian and global economies, but warned inflation remains too low to justify moving off its view that the recovery remains fragile and in need of monetary stimulus. But markets did not read the statement as neutral, apparently interpreting the bank's caution that "downside risks to inflation appear to be greater" as a ...
Bank of Canada holds rates, worries about weak inflation
4 December 2013 | 5:02 pm
* Bank of Canada holds overnight rate at 1.0 percent OTTAWA, Dec 4 (Reuters) - The Bank of Canada held its overnight interest rate steady on Wednesday, but sounded a touch more dovish in its outlook, saying the risks of undesirably weak inflation appeared greater than they did six weeks ago. The bank's statement on Wednesday showed it was now increasingly concerned about possible disinflation ...
Canada Keeps Key Rate at 1% in Flagging Inflation Risk
4 December 2013 | 3:14 pm
Bank of Canada Governor Stephen Poloz kept his main interest rate unchanged and said the risks of inflation staying below target “appear to be greater” in an economy that’s two years away from reaching full output.
Poloz Weighing Inflation, Debt Risks to Keep 1% Rate
4 December 2013 | 5:32 am
Bank of Canada Governor Stephen Poloz will probably keep the benchmark interest rate unchanged today as he weighs the risks posed by inflation that’s been below target for more than a year against concerns that lower borrowing costs could lead consumers to add to record debts.
Canada inflation tame but retail sales jump surprises
22 November 2013 | 3:47 pm
* Retail sales grow faster than expected OTTAWA, Nov 22 (Reuters) - Tame Canadian inflation figures on Friday lent support to the central bank's stance of keeping interest rates ultra-low, but surprisingly upbeat retail sales data signaled pockets of economic vitality. Statistics Canada said annual inflation in October dipped below the Bank of Canada's target range, dropping to a five-month low ...
Canada annual inflation rate drops to 5-month low of 0.7 pct
22 November 2013 | 1:39 pm
* Tame inflation means no pressure for interest rate hike OTTAWA, Nov 22 (Reuters) - Lower gasoline prices pushed Canada's annual inflation rate in October down to a five-month low of 0.7 percent from 1.1 percent in September, Statistics Canada said on Friday. The figure - less than the 0.9 percent forecast by market operators - underlines just how little pressure the Bank of Canada is under to ...