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German joblessness, price rises unlikely to threaten consumption
ReutersBERLIN (Reuters) - German unemployment and inflation rose more than forecast in May but remained at very subdued levels which economists said should support the private consumption the government is relying on to prop up growth in an election year. The...Tags: Germany, Angela Merkel, Labor Markets, Politics, Career and Workplace
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Stern Advice: Borrow now and other ways to prep for rising rates
ReutersBy Linda Stern WASHINGTON, May 29 (Reuters) - Don't look now, but interest rates have started to rise. The 30-year fixed rate mortgage, now at 3.9 percent, bottomed out at 3.5 percent in December 2012, according to Bankrate.com. Yields on 10-year...Tags: Mutual Funds, Federal Reserve, Services and Shopping, Real Estate, Prices
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Brazil economic growth disappoints again
ReutersSAO PAULO (Reuters) - Brazil's economic growth fell short of forecasts once again in the first quarter as President Dilma Rousseff's numerous stimulus packages failed to aid manufacturers while consumers, frightened by rising inflation, grew more...Tags: Polls, Gross Domestic Product, Politics, Lobbying, Economic Indicator
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JGBs gain as U.S. Treasuries recover from lows, 2-yr bonds soft
ReutersTOKYO, May 30 (Reuters) - Japanese government bond prices gained on Thursday, taking heart from a rebound in U.S. Treasuries, though the two-year bond yield hit a 1 1/2-year high as the market braced for an offering of 2.9 trillion yen ($28.6 billion)...Tags: Bonds, Japan
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U.S. consumer spending falls, inflation subdued
ReutersWASHINGTON, My 31 (Reuters) - U.S. consumer spending fell in April for the first time in almost a year and inflation pressures were subdued, pointing to a slowdown in economic activity that should see the Federal Reserve maintaining its monetary...Tags: Consumers, Gasoline Industry, Federal Reserve, Petroleum Industry, Economic Indicator
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India's economic growth makes feeble recovery in Jan-March quarter
ReutersNEW DELHI (Reuters) - India's economic growth began a feeble recovery in the first quarter of 2013, but weak private consumption, capital investment and slowing public spending offered little hope for a fast rebound in coming quarters. Asia's third...Tags: India, Gross Domestic Product, Political Corruption, Labor Markets, Politics
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Japan deflation ebbs, output up; BOJ target still elusive
ReutersTOKYO (Reuters) - Japan's factory output accelerated in April and deflation abated a bit as a weaker yen and firmer overseas demand boosted growth, boding well for Prime Minister Shinzo Abe's efforts to shake the world's third-largest economy out of...Tags: Shinzo Abe, Tiffany & Company, Weather Reports, Politics, Government
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Record joblessness, low inflation show euro zone's pain
Reuters* Unemployment rises to 12.2 percent in April * Inflation in May leaves room for ECB to act By Robin Emmott and Martin Santa BRUSSELS, May 31 (Reuters) - Unemployment has reached a new high in the euro zone and inflation remains well below the European...Tags: Germany, Politics, Career and Workplace, Prices, Market and Exchange
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ECB seen holding rates as it waits for euro zone recovery
Reuters* Main refi rate seen on hold at 0.5 pct, deposit rate at zero * New staff projections may see GDP estimates lowered slightly * New action to boost SME lending not expected By Sakari Suoninen FRANKFURT, June 6 (Reuters) - The European Central Bank...Tags: Weather, Herman Van Rompuy, Mario Draghi, European Central Bank, Weather Reports
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Fed's Bullard: don't taper while inflation declining - MNI
ReutersWASHINGTON (Reuters) - The Federal Reserve should maintain its aggressive bond purchase program until inflation moves back towards the central bank's 2 percent target, said St. Louis Fed President James Bullard, playing down talk of imminent tapering....Tags: Federal Reserve, Money and Monetary Policy, Finance, Central Bank, Ben Bernanke
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TEXT-ECB statement after rate decision
ReutersFRANKFURT, June 6 (Reuters) - The European Central Bank kept its main interest rate on hold at a record low 0.5 percent on Thursday as it waits to see whether early signs of stabilisation in the euro zone will blossom into an economic recovery. Following...Tags: Gross Domestic Product, Credit and Debt, Labor Markets, Economic Policy, Economy
May 29, 2013
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May 29, 2013
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May 29, 2013
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May 28, 2013
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May 31, 2013
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May 31, 2013
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Jun 5, 2013
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Jun 6, 2013
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Jun 6, 2013
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