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CNN
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The dollar sank to an all-time low against the euro Wednesday with U.S. inflation coming in three times as high as expected in March, on top of escalating food and energy prices. Inflation also rose overseas and the euro reached $1.5966 after the EU's sta..
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CNN
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The Bank of England cut interest rates by a quarter of a percentage point to 5.25 percent on Thursday, its second cut in three months as it attempts to shore up confidence in Britain's slowing economy. "The prospects for output growth abroad have deterior..
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MSNBC
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Which is worse: Recession or inflation?
Those two economic ills, the Federal Reserve’s primary concerns, call for opposite policies. Despite recent inflation pressure from higher food and energy prices, Federal Reserve Chairman Ben Bernanke said Thur..
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Globe and Mail
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The loonie topped $1.03 (U.S.) on Friday, driven by surging crude prices and an inflation report that further dimmed the odds of an interest rate cut.
The surging Canadian currency climbed as high as $1.0358, its highest level since June, 1974, in the..
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BBC News
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US interest rates have changed for the first time since mid-2006, reduced from 5.25% to 4.75%, an unforeseen 0.5% cut which shot shares to four year highs.
Analysts had expected the Federal Reserve to cut rates 0.25% to prevent a housing market downtur..
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BusinessWeek
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Inflation is running above the levels that Bernanke has targeted, but he's holding off on hiking rates because of the risks
Imagine you're driving a car with a blacked-out windshield and a loose steering wheel. Now imagine that your car is the $13 tril..
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Bloomberg
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Federal Reserve Chairman Ben S. Bernanke said increased global links between economies may have helped spur U.S. inflation.
Booming demand for energy and commodities by China and other countries has contributed to the surge in their prices in recent ye..
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Yahoo News
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The median price of a new home plunged in September by the largest amount in more than 35 years, even as the pace of sales rebounded for a second month...
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BusinessWeek
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From an economist's point of view, the "core" rate counts more than the "headline." But the Fed will have to pay attention to both
If there's one thing Americans don't like, it's a cheater. And as far as many people are concerned, it's cheating to calc..
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BusinessWeek
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The uptick in prices has business execs, Fed officials, and investment pros in a sweat. What steps should investors take now?
After decades in remission, inflation is making a comeback. Rising prices already are making consumers miserable and squeezing..
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BBC News
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China's inflation hit 8.7% in February, the highest rate in over 11 years, the National Statistics Bureau said.
Soaring food prices were driving inflation, up 23.3% in February against the previous year, the bureau said.
It attributed the jump to sn..
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BusinessWeek
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The Fed chief's study of the 1920s, when central bankers mistakenly kept money tight, may mean he'll dismiss inflation and keep slashing rates
Federal Reserve Chairman Ben S. Bernanke went to Capitol Hill on Feb. 27 as if he were a general called from..
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MSNBC
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With the economy slowing and the housing market stuck in reverse, Wednesday’s surprise pop in the government's monthly inflation data was not good news for the Federal Reserve.
The problem: Central bankers now find themselves between a rock and a har..
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BusinessWeek
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Investors Wednesday weighed a downbeat view of the economy from the Fed, data on inflation and housing starts, and a new record high for crude oil
Stocks closed higher Wednesday after reversing an earlier drop. Technology issues were among the session'..
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CNN
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Amid all the talk about storm clouds gathering over the U.S. economy, it's easy to forget there are other places in the world where the sun is still shining. Take Qatar, for example; a small emirate in the Gulf whose economy is booming.
When the final..
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MSNBC
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With the economy falling apart, the Federal Reserve is in the middle of a campaign to cut interest rates and help get things moving again. But the Fed is also in charge of keeping a lid on inflation — something that usually requires raising rates. But w..
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BusinessWeek
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A poor earnings report from Intel hurt tech stocks, and an economic report revived worries about inflation
The market's attempt to rebound from Tuesday's sell-off fizzled on Wednesday, as investors digested an uptick in inflation and more bad news on c..
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BusinessWeek
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To understand why the Fed chairman spends so much time worrying about inflation, not housing or the stock market, imagine taking a certain ride with him
To understand why Federal Reserve Chairman Ben Bernanke worries so much about inflation, think of h..
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CNN
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The European Central Bank finds itself beset by rising inflation on one side and an ever stronger euro on the other, while it bears the brunt of calls for it to follow the lead if the United States and start cutting rates. Though analysts are all but cert..
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CNN
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The Bank of England raised interest rates by a quarter percentage point to a six-year high of 5.75 percent on Thursday -- the fifth increase since last August -- as risks to inflation are still on the upside.
Most economists had predicted the rise as f..
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