US September CPI, housing reports pose dilemma for Fed UPDATE
Story date: 2007-10-17 08:47:00
Added on: 2007-10-17 14:31:52
Forbes - But with economists expecting inflationary pressure from rising food and energy prices to continue, 'the bad news for the Fed is that the ability of the Fed to lower 15-year and 30-year mortgage rates may be limited as long as inflation remains a ...
Read more...
Related Stories:
-
Inflation rises to 2.2% in May - Globe and Mail
Rising gasoline and food prices pushed the Canadian inflation rate to a higher-than-projected 2.2 per cent in May from a year earlier,...
2008-06-19 04:24:00 -
Economists warn of US house price slide
Times Online - ... prices falling: first, the rising number of unsold homes; and secondly, the fact that the number of...
2007-09-10 03:50:00 -
Inflation's16-year high predicted to be peak - Daily Telegraph
The consumer prices index (CPI), the Government's preferred measure of inflation, jumped to 5.2pc last month from 4.7pc in August. The number...
2008-10-14 07:50:00 -
Bank of Korea governor sees no current need for rate cut - report
Forbes - ... does not see a need to cut the benchmark call rate target for now and debtors appear to...
2007-10-18 09:17:00 -
Pressure mounting for big rate cut
CNN Money - ... below forecasts, economists said the Federal Reserve may be forced to slash interest ... Only 18,000 jobs...
2008-01-04 03:31:00 -
30-Year Rates Hit 21/2-Year Low
Washington Post - Nothaft , chief economist at Freddie Mac, noted that the declines in retail sales were widespread and had "aggravated...
2008-01-19 05:05:00 -
Next rates rise hinges on inflation data - News.com.au
INFLATION data out today will have a big impact on what the RBA decides to do with interest rates when it meets...
2008-07-22 05:13:00 -
New Zealand Dollar Tumbles To 2-Year Low Against US Dollar On RBNZ Interest Rate Reduction (Nasdaq)
(RTTNews) - The New Zealand dollar tumbled to a 2-year low versus the US dollar as the Reserve Bank of New Zealand...
2008-09-10 10:43:57