INFLATION

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Gold Extends Losses As Dollar Extends Gains

Gold fell to its lowest since mid-January on Wednesday after a modest upgrade of the U.S. Federal Reserve's economic outlook added zip to the dollar and gave investors an excuse to lighten holdings of bullion.

U.S. Import, Export Prices Rose in Feb

Exports
U.S. import prices rose in February as petroleum surged, a government report showed Wednesday, but underlying imported inflation pressures remain muted.
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India's central bank stuck in damage control mode

Over the past two years, India's central bank was raising rates in a futile effort to contain stubborn inflation, as the government fumbled on fixing decrepit infrastructure and other supply bottlenecks in the economy.
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Applicants Fill Out Forms During a Job Fair at the Southeast LA-Crenshaw WorkSource Center in Los Angeles

Weekly US Economic Snapshot: How Are We Doing?

The economic picture got considerably messier this week, as positive data on job creation battled with gasoline-price-fueled inflation concerns in economists', policymakers' and consumers' minds. Joyous declarations that the economy is finally getting better have turned into more studious critiques of how the incipient recovery is actually affecting poor, working-class and middle-class people.
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Gold Forecast 2012 and Beyond: Why Prices Could Surge

Back in late 2010, billionaire hedge fund manager John Paulson told “a standing-room-only crowd at New York’s University Club” that US inflation could hit double-digits in 2012. His forecast on gold and inflation, however, haven’t panned out so far in 2012.
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China growth gliding lower, hard landing risks ease

China's economy is on course for a soft landing, a clutch of indicators showed on Friday, easing investor fears of a sharp slowdown and revealing ample room for Beijing to loosen policy further to support growth.
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Japan government keeps up pressure, BOJ seen on hold

Japan's government on Friday kept up pressure on the central bank to further support an economic recovery, but the Bank of Japan appears set to hold monetary policy steady at its regular policy meeting next week.
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More China easing seen as data shows economy slowing

China's annual consumer inflation slowed sharply to a 20-month low in February, and factory output and retail sales also cooled more than forecast, giving policymakers ample room to further loosen monetary policy to support flagging growth.
An employee poses with China yuan notes at the Bank of Taiwan head office in Taipei

China's Inflation Rate for February Falls to 3.2%

The inflation rate of China reduced sharply to 3.2 percent for February, which is a 20 month low, according to data released on Friday, showing signs that the price pressure is gradually diminishing.
ECB President Draghi, one of the many central bankers who held interest rates steady Thursday

Central Bankers Hold Rates Steady On Inflation Concerns

Central bankers around the world took their foot off the loose monetary policy throttle Thursday and kept benchmark interest rates steady on inflation concerns and the lack of new threats to gross domestic product growth.
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ECB fires inflation warning, trumpets success of cash flood

The European Central Bank signaled its policy course was slowly turning on Thursday, delivering a surprise warning on inflation and calling governments and banks to build on its recent blitz of radical support measures to foster a full crisis recovery.
A sculpture showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt

Europe Central Banks Keep Rates Steady, Eye Inflation

Two of Europe's main central banks announced Thursday they would be keeping their benchmark interbank lending rates unchanged, in an expected move that analysts see as an acknowledgement of creeping inflation and policy exhaustion.
ECB

ECB Keeps Interest Rates The Same: 1.0%

The European Central Bank held interest rates at 1.0 percent for the third month running on Thursday, pausing to assess the impact of a dramatic sweep of measures that has unsettled some at the bank.
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BoE holds policy steady as growth proves patchy

The Bank of England left its monetary policy unchanged on Thursday, deciding that February's extra 50 billion pounds ($79 billion) of quantitative easing was enough for now to support the economy through a period of fitful recovery.
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China Cuts 2012 GDP Target to 7.5%, an 8-Year-Low

China lowered its economic growth target to an eight-year-low of 7.5 percent from an 8 percent goal in place since 2005, a signal that the country's leaders are determined to scale back the reliance on external demand and foreign capital, in favor of domestic consumption.

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