INFLATION

Consumer prices rise on food and gasoline

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Consumer prices rose as expected in April on higher food and energy prices, but continued to exhibit little sign of a broader pick-up inflation that would trouble the Federal Reserve.
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Wall Street slips with commodities, inflation fears

U.S. stocks slid on Thursday as falling commodity prices prompted an unwinding of bets on risky assets and raised questions about the strength of the economic recovery, while a sour outlook from Cisco hurt technology stocks.
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Gold Diversification Doubted As Commodity Slump Continues

Thursday's London Silver Fix set the white metal's price at $32.50 per ounce, nearly $7 lower than a day earlier and 33% below the 31-year high of $48.70 set on April 28. [Silver] is still in an uptrend, despite the sharp sell-off reckons Mary Ann Bartels, head of US technical and market analysis at Bank of America Merrill Lynch, who said yesterday silver could hit $50 per ounce by the end of the year.
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China raises bank reserves again to tame inflation

China lifted bank reserve requirements by 50 basis points on Thursday, signaling that containing inflation and soaking up excess cash remained its top priority even after signs the economy was slowing down.
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IMF warns on eastern Europe budgets

Growth in eastern Europe should accelerate only slightly this year as domestic demand recovers, but trouble in the euro zone periphery, wide budget deficits and inflation pressures still pose risks, the IMF said on Thursday.
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Price to Buy Gold Hits 1-Week High, Silver Regains 1/3rd of 30% Plunge

Gold rallied to one-week highs at $1526 per ounce in Wednesday morning trade - a gain of 4.3% from last Friday's low - before falling back as world stock markets also cut their rally. Silver has now regained a third of its losses since falling over 30% from a 31-year peak of $48.70 at the end of April.
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Commodities recovery boosts Asian markets

Asian shares firmed on Wednesday as rising global commodity prices boosted energy and resource stocks, while investors largely shrugged off data from China suggesting growth there is starting to slow.
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China's April inflation higher than expected

China's inflation eased a touch to 5.3 percent in the year to April from a 32-month high of 5.4 percent in March but was still higher than expected, keeping the door open for more tightening steps.
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Jim Rogers says may short U.S. Treasuries, later today

Influential investment veteran Jim Rogers said on Tuesday he plans to short U.S. Treasuries, maybe as soon as later in the day, as he expects the end of the Federal Reserve's quantitative easing program to pressure government bonds.
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Import, small business data point to inflation

The cost of imported products in the United States rose for a seventh straight month in April thanks to a weaker dollar, and more owners of small businesses raised prices, in potentially worrying signs of inflation.

Rise and rise of gold: Will prices hit $2,500 on 'insatiable' Chinese demand?

Investors around the world, more so the Chinese, are buying up gold assets to cover against rising inflation risk, macroeconomic uncertainties, a possible currency doom and the ever worsening U.S. debt scenario. The gargantuan demand from China can cause the yellow metal's prices to skyrocket, analysts feel. If the Chinese buying trend is ably supplemented with a fall in the value of dollar, this could result in a skyrocketing of prices.
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Fed officials show in no rush to scale back stimulus

Two Federal Reserve officials on Friday stressed there will be no rush to roll back the U.S. central bank's super-easy monetary policy with the labor market still healing and inflation expectations largely in check.
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Fed's Kocherlakota sees case for late-2011 rate rise

A top Federal Reserve official called on Thursday for a small interest rate increase by the end of the year if inflation rises as forecast, in one of the first outright calls from a policymaker to tighten monetary policy.
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Late Easter, inflation boosts retailers' sales

U.S. retailers warned of rising costs and cautious consumers even as a late Easter boosted sales of clothing and other holiday-related items in April, helping many beat sales expectations.
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Silver triggers broad decline in commodities

Silver nursed losses on Thursday after suffering its biggest three-day drop in five years on heavy profit taking while the euro consolidated gains against the dollar before the European Central Bank meeting where it is expected to reinforce its hawkish outlook.
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Fed ready to fight inflation, but not yet time

Inflation remains well under control, despite the spike in oil prices, but the Federal Reserve stands ready to raise interest rates if price pressures appear to be getting out of hand, top Fed officials said on Wednesday.
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Fed's Williams: U.S. not facing runaway inflation

The United States is not heading into a sustained bout of high inflation, a top Federal Reserve Bank official said on Wednesday, despite a recent surge in energy and food prices that is sparking fears of 1970s-style price rises.
China is facing destabilizing inflation: AEI Outlook

China is facing destabilizing inflation: AEI Outlook

China's inflation rate has reached a point where it is sparking social unrest, the American enterprise Institute's (AEI) latest outlook report has noted. Chinese premier Wen Jiabao's recent comment that inflation is a tiger that once set free is very difficult to put back in its cage[1] aptly characterizes the current inflation in his country. The world's second-largest economy faces some fundamental choices if it is to restore stability, says the report, which was au...

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