Central banks may need new money rules: Bank of Canada
Central banks may have to find new ways to steer monetary policy and prevent new crises, perhaps changing the ways they look at price levels, the head of the Bank of Canada said on Saturday.
Fed's rate path, inflation aims may clash: economist
The U.S. Federal Reserve's stated intention to keep interest rates exceptionally low for an extended period may conflict with its desire to avoid inflation, an academic economist told central bankers on Saturday.
Fed official: rates to be kept low past upturn
Financial markets have not fully understood that the U.S. Federal Reserve's pledge to keep interest rates exceptionally low for an extended period means they will stay low beyond when officials normally would raise them, a top Fed official said on Friday.
U.S. starts long, gradual and fragile recovery
The U.S. economy is recovering more strongly than expected from its worst recession in decades, but next year will be lackluster and risks of a double-dip downturn remain, economists said in a Reuters poll.
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Buffett says unchecked U.S. debt threatens economy: report
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U.S. housing starts, producer prices fall in July
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Housing report keeps recovery hopes alive
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U.S. July producer prices fall 0.9 percent on gasoline
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Social Security Checks In Nine States To Drop Starting This Month
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Nearly 1 In 3 UK Residents Miss Payments As Mortgage Arrears Soar By 50% Amidst Rising Interest Rates
More news
Japan pulls out of recession, but outlook shaky
Japan's economy returned to growth in the second quarter, pulling out of its longest recession since World War Two, but analysts warned of a rocky road ahead as the nascent recovery was based on short-term stimulus efforts around the world.
Gold hits 2-week low as risk aversion lifts dollar
Gold slipped to its lowest since late July in Europe on Monday as the dollar firmed against a basket of currencies and as a 2 percent decline in crude prices dented the precious metal's appeal as an inflation hedge.
Stocks could pull back as earnings end
U.S. stocks could extend last week's retreat after a four-week advance as the earnings season winds down and investors search for signs that consumer spending will help sustain an economic recovery.
U.S. consumer morale sags, industrial output rises
U.S. consumers' gloom deepened in early August as worry about scarce jobs and falling income overshadowed positive news that industrial output in July grew for the first time in nine months.
U.S. industrial output up, consumer confidence weak
U.S. industrial output gained for the first time in nine months in July and inflation remained muted, but consumer confidence was unexpectedly weak this month, according to reports on Friday.
Yen rises as investors assess risk tolerance
The yen extended gains against the euro and the U.S. dollar after a report showed U.S. consumer prices were flat in July over June but fell over the past 12 months by the most since 1950.
Wall Street set for flat open; consumer sentiment on tap
Wall Street was poised for a flat open on Friday after government data on consumer prices suggested U.S. inflation will remain mild, even with evidence of a stabilizing economy.
U.S. consumer prices flat, inflation pressures muted
U.S. consumer prices were flat in July versus June, but fell over the past 12 months by the most since 1950, according to government data that suggested benign inflation pressure even amid signs the recession may be winding down.
U.S. consumer prices flat in July
U.S. consumer prices were flat in July versus June as expected, but fell over the past 12 months by the most since 1950, government data showed on Friday.
Stock futures rise as consumer data awaited
U.S. stock index futures pointed to a slightly higher open on Friday as investors await inflation and consumer sentiment data for more solid signs of an economic recovery.
Stock futures point to higher open ahead of CPI data
U.S. stock index futures pointed to a higher open on Friday ahead of key data on inflation and consumer sentiment and quarterly results from major retailer JC Penney .
Futures point to higher open ahead of CPI data
U.S. stock index futures pointed to a higher open on Friday ahead of key data on inflation and consumer sentiment and quarterly results from major retailer JC Penney .
Fed seen ending bond buys, holding rates steady
The Federal Reserve is expected to end its buying program of long-term government securities at a meeting that concludes on Wednesday, but keep U.S. interest rates steady at near zero amid signs the economy is stabilizing from a deep recession.
Fed uncertainty, China sell-off rattle stocks
Uncertainty about the Federal Reserve's view on the U.S. economy and another sharp fall in Chinese stocks pushed equities lower across the world on Wednesday and drove lower-yielding currencies higher.
What the Fed is mulling
The Federal Reserve is expected to give a nod to signs the U.S. recession is waning but will likely warn that the recovery will be slow and dampen any expectations it will soon start to raise interest rates.
Forex Daily Commentary - Aug 12
Despite a relatively upbeat NAB survey on business conditions the Aussie dollar retreated from its intraday highs at 0.8380 in Asia yesterday dropping to a low of 0.8320 with the market questioning the sustainability of the recent rally in equities.
U.S. productivity surges, inventories lean
U.S. output per worker rose at its fastest pace in six years during the second quarter as businesses wrung more productivity from fewer staff in a sign that a recovery from recession will be slow and unlikely to create a surge in hiring.
U.S. productivity surges, inventories are lean
U.S. output per worker rose at its fastest pace in six years during the second quarter as businesses wrung more from shrinking staff in a sign that recovery from recession will be slow and unlikely to create a surge in hiring.
U.S. productivity rises at fastest pace in six years
U.S. non-farm productivity in the second quarter rose at its fastest pace in six years as companies slashed costs to protect profits, government data showed on Tuesday.
Non-farm productivity jumps 6.4 percent
U.S. non-farm productivity in the second quarter rose at its fastest pace in six years as companies slashed costs to protect profits, government data showed on Tuesday.
U.S. non-farm productivity jumps 6.4 percent
U.S. non-farm productivity in the second quarter rose at its fastest pace in six years as hours worked fell much steeper than output, while the cost of labor fell at the quickest rate in nine years, data showed on Tuesday.
Stock futures slip ahead of data; CIT drops
Stock index futures pointed to a lower open on Tuesday ahead of key data on productivity and labor costs, and before the Federal Reserve kicks off a policy meeting.
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