INFLATION

Asian stocks shine as Egypt worries fade

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Asian stocks rose on Monday as investors greeted news of Egyptian President Hosni Mubarak's resignation with relief, while U.S. crude steadied near $85.50 per barrel after falling to 10-week lows as geopolitical tensions eased for now.
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Fed's Plosser says U.S. deflation risk gone: report

A top Federal Reserve official said on Friday he believes the U.S. economy is no longer at risk of slipping into a damaging deflationary spiral but that it would be unwise for the Fed to suddenly shift course.
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A driving blizzard blows on a Great Depression Bread-Line sculpture as a hiker walks by at the FDR Memorial in Washington

Recessions since Great Depression

A recession is the decline of a nation's gross domestic product (GDP) over two or more consecutive quarters. It is also referred to as a period of economic decline and reduced economic activity. During recessions, many macroeconomic indicators vary in a similar way. GDP, employment, investment spending, capacity utilization, household incomes; business profits and inflation all fall, while bankruptcies and the unemployment rate rise. Here is a list of recessions that occurred since the Great ...
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Oil rise on Egypt tensions, stocks fall

World stocks fell for the third straight day on Friday partly on growing tensions in Egypt after President Hosni Mubarak disappointed protesters hoping he would resign, though oil and the dollar advanced. Partly because of the Egypt crisis, Asian stocks were on the course for their biggest weekly loss in nine months, but European shares were more resilient, on track for a second straight week of g...
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Oil rises on Egypt tensions, stocks fall

World stocks fell for the third straight day on Friday partly on growing tensions in Egypt after President Hosni Mubarak disappointed protesters hoping he would resign, though oil and the dollar advanced. Partly because of the Egypt crisis, Asian stocks were on the course for their biggest weekly loss in nine months, but European shares were more resilient, on track for a second straight week of g...
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BoE keeps rates steady despite inflation risk

The Bank of England kept its key interest rate at a record low of 0.5 percent Thursday, judging that the threat from rising inflation will prove temporary and that Britain's recovery remains in doubt.
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BoE holds fire on rates but rise seen by May

The Bank of England defied critics and kept interest rates at a record low on Thursday, judging the threat from rising inflation will prove temporary and that Britain's recovery remains in doubt.
A statue is seen outside the Bank of England in the City of London February 8, 2011.

Bank of England holds key rate at record low

Caught between calls to rein in inflation and prop up the fragile economic recovery, BoE's Monetary Policy Committee decided to support the government's fiscal tightening efforts without bumping off the shoots of economic recovery.
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Fed's Sack: Higher yields due to economic optimism

The U.S. Federal Reserve's recent bond purchases have had a helpful effect on financial conditions, with the rise in long-term interest rates largely due to economic optimism, a senior Fed official said on Wednesday.
Rep. Ron Paul (R-TX) questions Federal Reserve Board chairman Ben Bernanke at the House Financial Services Committee hearing in Washington February 24, 2010.

Economists encourage, attack Fed in Paul panel

Economists took their turns encouraging and attacking the policies of money supply managers of the U.S. Federal Reserve System on Wednesday, as the nation faces 9 percent unemployment, slow economic growth and rising federal debt and deficits.
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Gold flat but dollar drop, Bernanke view underpin

Gold was little changed on Wednesday as the market was underpinned by a dollar drop and Federal Reserve Chairman Ben Bernanke's comment that he had no plans to scrap a massive bond-buying program, indicating interest rates will not rise any time soon.
U.S. Federal Reserve Board Chairman Ben Bernanke

Bernanke downplays inflation risks

Federal Reserve chairman said the risk of inflation was “quite low” and that higher prices in emerging markets were unlikely to spill over into the U.S.

Ghana inflation rises for first time in 19 months

Ghana's inflation rate jumped to 9.08 percent in January, the first increase in 19 months and due partly to a 30 percent rise in petrol prices, but analysts still expect the central bank to keep interest rates on hold next week.
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Bernanke says job growth, inflation still too low

Federal Reserve Chairman Ben Bernanke on Wednesday suggested U.S. economic conditions are still too weak for the central bank to pull back on its vast monetary stimulus, despite a welcome drop in the jobless rate.

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