Inflation at the consumer level remains moderate -- and that should give the U.S Federal Reserve more time to stimulate the U.S. economy -- something that's good news for investors and job seekers alike.
Despite unprecedented quantitative easing by the Fed, and $1 trillion-level U.S. budget deficits, the dollar continues to hold its own against a basket of the world's other, major currencies.
Economic growth across the world will slow in 2012 due to the problematic combination of private-sector deleveraging, public-sector austerity and the lack of confidence in political leaders' ability to navigate these situations according to IHS, a leading macro-economic consultancy.
The sovereign debt crisis crippling the euro zone still threatens other developed economies, leaving Britain and Japan teetering on the edge of recession but with the United States seen several paces away from a slump, a Reuters poll found.
The Federal Reserve on Tuesday pointed to turmoil in Europe as a big risk to the U.S. economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the U.S. labor market.
The Federal Reserve on Tuesday pointed to turmoil Europe as a big risk to the economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the labor market.
The Federal Reserve on Tuesday left monetary policy on hold but said financial market turbulence posed threats to economic growth, leaving the door open to further easing next year.
European shares retreated on Monday as enthusiasm faded over a European Union deal on greater fiscal integration, with the market unconvinced that the EU has done enough to provide immediate relief to the Eurozone's indebted countries.
India's industrial output fell in October for the first time in more than two years as capital goods investment slumped, ramping up pressure on the central bank to ease monetary or liquidity conditions, possibly as soon as Friday.
The European Central Bank is capping its weekly bond purchases at 20 billion euros and euro zone officials want banks to use its big new liquidity offer to buy more sovereign debt, ECB sources said on Friday.
In the past few months, but particularly in the last few days, the British Chancellor of the Exchequer and the Governor of the Bank of England, roughly British equivalents to the American Treasury Secretary and Fed Chairman, have become the bane of the English banking system's existence. Other British government officials have also joined the fray.
The Federal Reserve looks set to hold off on easing monetary policy for a second meeting in a row as it gauges the impact of Europe's crisis on the U.S. economy and ponders additional transparency steps.
There is a significant chance that the Federal Reserve will embark on a third round of asset purchases to stimulate the U.S. economy, a major bond fund manager said on Tuesday.
Is the U.S. Federal Reserve likely to purchase more securities as part of a plan to help jump-start U.S. GDP growth? It is, if a survey of key bond dealers is accurate.
Gold prices fell Wednesday on negative economic news from China and Europe and concerns that the U.S. economy is barely advancing.
A top Federal Reserve official said on Monday that given recent improvements in the U.S. economy, any further central bank actions to boost growth should be through clearer communications about policy, rather than expanded bond buying.
Italian and Spanish government debt yields fell on Friday, as the European Central Bank bought bonds in the secondary market, but held close to unsustainable levels as contagion fears and money market stress raised the pressure for policymaker action.
European Central Bank chief Mario Draghi told euro zone governments Friday to act fast to get their rescue fund up and running, expressing exasperation at their lack of progress in response to an escalating debt crisis.
The European Central Bank could soon bow to pressure to print money to prevent a further escalation of the euro zone's debt crisis, with respondents in a Reuters poll giving an even probability the ECB would adopt a policy of quantitative easing.
Spain and France struggled with government bond auctions on Thursday, throwing into sharp relief the threat of larger euro zone economies succumbing to the debt crisis that began in Greece and is already lapping at Italy's shores.
Monti said he would “act with urgency” to resolve Italy’s deep financial crisis.
Chinese banks wrote 587 billion yuan ($92.5 billion) of new loans in October, much more than expected and a sharp jump from September, evidence of selective policy easing by the government to keep the world's second-largest economy on an even keel.
