INFLATION

New York Fed president William Dudley

QE2 officially begins

The much anticipated, talked about, and at times criticized program of the second round of quantitative easing has begun.
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New York City cab driver fills his taxi up with gas at Hess station in New York

QE2 inflates commodities, threatens 70s-styled malaise

QE2 is a rising tide that lifts all boats. The boats, in this case, refers to asset prices. Unfortunately, some asset rallies, particularly those in consumer and industrial commodities, are bad for the real economy,
U.S. Federal Reserve Chairman Ben Bernanke listens to questions as he testifies before a House Financial Services hearing on the "Monetary Policy and the State of the Economy" on Capitol Hill in Washington

What exactly is QE2?

Michael Yoshikami, president and chief investment officer of YCMNET Advisors in Walnut Creek, Calif. discusses what exactly QE is, why it may be needed and its potential impact.
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Private sector job cuts raise Fed easing chance

U.S. private employers unexpectedly shed jobs in September, reinforcing the belief that the U.S. Federal Reserve will embark on another round of monetary policy stimulus to support the economic recovery as early as next month.
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Confidence lowest since February

Consumer confidence fell to its lowest level since February in September, underscoring lingering worries about the stremgth of the economic recovery, while home prices dipped in July.
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Housing starts at 4-month high

Groundbreaking for new U.S. homes jumped in August to a four-month high, a tentative sign of stability in the housing market after steep declines brought by the end of a homebuyer tax credit.
Finance Minister Pranab Mukherjee listens to a question during a news conference in New Delhi May 27, 2009. The government said on Tuesday it would seek again to reach agreement on a controversial increase in fuel prices to help improve its fiscal positio

Finance Minister Welcomes RBI's Decision

The Finance Minister, Pranab Mukherjee has appreciated that the monetary policy tightening by Reserve Bank of India (RBI) in its mid quarterly policy review by increasing interest rates.
Elderly people visit a public garden in Tokyo

Why Japan 'allowed' deflation

To some degree, Japan allowed deflation, or at least they did not choose extremely aggressive policies to fight it. This is largely due to the influence of Japanese constituents who own fixed income, which would devalue in the face of inflation.
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Deflation key to more easing: Fed's Plosser

The Federal Reserve should only embark upon further monetary easing if faced with a dangerous downward price spiral, otherwise it risks undermining its credibility, a top Fed official said on Wednesday.
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Pakistan economy to suffer prolonged flood damage

Floods have ravaged Pakistan's economy, the prime minister said on Wednesday, with massive job losses and soaring inflation expected to hurt a nation whose stability is vital to the U.S. war against militancy.
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U.S. consumer spending gain strongest in 4 months

U.S. consumer spending rose in July at the strongest pace in four months, supported by a small gain in incomes that offered hope that consumers will be able to keep contributing to a modest economic recovery.
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Consumer spending gain strongest in 4 months

Consumer spending rose in July at the strongest pace in four months, supported by a small gain in incomes that offered hope that consumers will be able to keep contributing to a modest economic recovery.
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Yen firms as BOJ disappoints, global stocks rise

The yen rose and Japanese shares gave up some of their strong early gains on Monday after the Bank of Japan made only minor tweaks in policy, disappointing markets looking for more aggressive action against deflation.
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BOJ seen easing policy to fight yen's rise

The Bank of Japan began an emergency meeting on Monday to ease monetary policy, bowing to strong government pressure to try to curb a rise in the yen that is threatening a fragile economic recovery.
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India food inflation dips to 10.05 percent

India's food inflation eased further but remained in double digit for the third week in a row. According to official figures from country's commerce ministry, the food inflation based on wholesale price index eased to 10.05 percent for the week ended August 14, compared with previous week's 10.35 percent.

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