INFLATION

Investors buoyed by Goldilocks climate: BofA poll

IBTimes Logo
Investors are coming to believe that the global economic recovery is real and it is safe to invest in a Goldilocks climate of slow growth, low inflation and solid earnings, a monthly poll showed on Tuesday.

Modest job gains soften rate hike expectations

IBTimes Logo
Fewer Canadians returned to work in March than expected, but the three-month hiring trend was the strongest since the financial crisis intensified in the autumn of 2008, suggesting the recovery is entrenched.
IBTimes Logo

Will gold continue to charm investors?

The world has been hit with recession, subprime crisis, bubbles, inflation, deflation and stock market crashes in the last 10 years. But one asset has withstood the economic turmoil and remained as the most robust investment vehicle for the poor and the rich alike in the world is, of course, gold.
More news
IBTimes Logo

Perceived notions give Gold sharp edge

Is Gold the best investment? You may have heard this and read about this phrase a million times already. Now it seems Gold investment reading is becoming too stereo cast that it has lost its sheen. But wait a minute. Though too much written word about Gold has turned out to be boring, the yellow metal itself has not shown the boredom in its rise. It has given good investment returns for those who put their trust in it.
IBTimes Logo

Silver prices are easy to manipulate: NIA

Silver prices are easier to manipulate than gold as the market is small and its short position is concentrated. However, gold price manipulation is done on a much larger but less noticeable, according to National Inflation Association (NIA), USA. NIA said that CFTC is under pressure not to do anything about the manipulation,because the lower the gold and silver prices are, the stronger the US dollar appears to be. If we saw an explosion to the upside in gold and silver prices, it would result in...
IBTimes Logo

Private sector hiring lifts March payrolls

U.S. employers created jobs in March at the fastest rate in three years as private firms stepped up hiring, the strongest signal yet that the economic recovery is on a solid footing and needs less government help.
IBTimes Logo

March payrolls rise 162,000 on private hiring

U.S. non-farm payrolls, a key measure of the economy's health, rose in March for only the third time since recession struck in late 2007 as the private sector stepped up hiring at the fastest pace in almost 3 years.
IBTimes Logo

No boom, only doom awaits gold!

A few months ago I had written about the gold's love for tragedies. Gold always thrived on disasters like recession and rising inflation rates. So when the world is looking rosy and there are no immediate financial dangers lurking in the backyard of countries, what will the much-sought-after yellow metal do? If you want to know this, just have a look at the movements of gold prices in the recent past when World Bank and International Monetary Fund predicted that the global economy is back on tra...
IBTimes Logo

Forex - Bank of Canada: high inflation may be temporary

The Bank of Canada on Wednesday emphasized the temporary nature of February's high inflation, a figure that has raised market expectations of an interest rate increase. Paul Jenkins, senior deputy governor at the bank, warned against reading too much into a single number and said the central bank must try to understand the real forces pushing prices higher.
IBTimes Logo

Brazil c.bank director quits, Meirelles undecided

The director of economic policy at Brazil's central bank stepped down on Wednesday, kicking off a shuffle of the bank's board that could also include its president, Henrique Meirelles. Mario Mesquita, one of the strongest advocates of the central bank's inflation-targeting regime, left for personal reasons, the bank said in a statement. His departure had been rumored for months and was widely expected.
IBTimes Logo

Chiadzwa, diamond fields on killing fields?

Zimbabwe is a nation with lots of diamonds and minerals but is one of the poorest in the world. Its inflation rate is almost 1,00,000 per cent. And in Zimbabwe, there is a place called Chiadzwa, which is known for its massive diamond deposits that can be dug out with simple tools only a few feet below the ground.
IBTimes Logo

Forex - Consumer confidence rebounds, home prices rise

Consumer confidence rebounded in March, while home prices rose in January for the eighth straight month according to a closely watched housing index, bolstering hopes for a sustainable economic recovery. The data on Tuesday came a day after news of further gains in consumer spending as Americans feel more confident about the economy. Consumer participation is critical for the durability of the recovery that started in the second half of 2009.
IBTimes Logo

Consumer confidence rebounds, home prices rise

Consumer confidence rebounded in March, while home prices rose in January for the eighth straight month according to a closely watched housing index, bolstering hopes for a sustainable economic recovery.
IBTimes Logo

Inflation raises the value of US coins: NIA

Sustained inflation has rised the denomination values of US coins over the years, according to National Inflation Association which has launched 'Coin Melt Values' as a new feature in its website http://inflation.us/coins. It is updated daily with the latest melt values of U.S. coins that are currently in circulation or were previously in circulation. The purpose of NIA's new feature is to demonstrate how over time, inflation makes U.S. coins worth more than their denomination values, a NIA pres...
IBTimes Logo

Zero rates not a policy floor, says ECB's Orphanides

Central bankers can continue to ease monetary policy even when interest rates are at zero, and should do so if they sense the threat of deflation, a member of the European Central Bank's Governing Council said on Saturday.
IBTimes Logo

ECB's Orphanides: Can still ease past zero rates

Central bankers can continue to ease monetary policy even when interest rates are at zero, and should do so if they sense the threat of deflation, a member of the European Central Bank's Governing Council said on Saturday.
IBTimes Logo

Fed's Pianalto offers grim view of recovery

A bumpy U.S. recovery and subdued inflation warrant the central bank's promise to keep benchmark interest rates low for an extended period, a senior Federal Reserve official said on Thursday.
IBTimes Logo

China sees interest rates as heavy-duty weapon

A senior Chinese central banker on Thursday played down the need for an imminent rise in borrowing costs to keep a balance between growth and inflation in the world's third-largest economy.
IBTimes Logo

Fed exit fraught with dangers, monetary experts say

The Federal Reserve has not been clear enough about how it intends to unwind its unprecedented monetary easing campaign, and some of the tools it expects to use may not work, monetary experts will tell Congress on Thursday.
IBTimes Logo

Fed's Plosser: Base monetary policy on simple rules

Central bankers should base policy on simple rules related to inflation and economic growth and not rely on hazy measures of economic slack in order to stay ahead of the curve, a senior U.S. Federal Reserve official said on Tuesday.
IBTimes Logo

China inflation goal tough but reachable: official

China's 2010 inflation goal of 3 percent is tough but achievable, with good grain supplies and excess capacity helping keep prices down, while growth should hit 8 or 9 percent, senior government advisers told a conference on Saturday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.