In the midst of the buzz and optimism about the economic recovery in 2011, not many are talking about the fact that cost in America may also meaningfully rise, possibly at a faster rate than justified by underlying economic growth.
Fed Chairman Ben Bernanke's speech on economic outlook and monetary and fiscal policy before the committee on the budget, U.S. Senate, Washington, D.C., Jan. 7, 2011
The Gold Price in Dollars slid to a near 6-week low in early London trading on Friday, dropping below $1360 an ounce, but then bounced back to $1369 as New York trading began and Non-Farm Payrolls showed a rise of 103,000 - below analyst forecasts - and the labor-force participation rate slipped further below two-in-three.
Economy in both the euro area and the EU27 grew at a much slower pace in the second quarter, according to the second estimate by Eurostat, the official statistical office of the European Union
A top Republican on Thursday said he will push for legislation paring back the Federal Reserve's mandate to focus solely on controlling inflation, not ensuring full employment.
In this piece, we will examine four of gold's most important rules; the irreversible trends affecting the gold price; and how the consequences of these trends will push gold higher in 2011 and beyond.
Persisting political crisis in Pakistan, which got worse with the withdrawal of support to the government by two key allies and the assassination of a popular provincial governor, point to a serious governance failure and can further halt the strained IMF standby program aimed at restoring fiscal health, an analyst has said.
Food prices will continue to haunt the world in 2011, even as the UN's Food and Agricultural Organization warned of 'food price shock' on Wednesday.
Silver and Gold Prices both unwound the last of late Dec.'s gains in early London trade on Wednesday, retreating to $29.20 and $1370 respectively per ounce on what several analysts called profit taking as world stock markets also fell.
Inflation will be the biggest concern for the emerging markets in 2011 and an important economic gauge to watch in the new year.
Minutes from the last FOMC meeting held on Dec. 14, 2010.
Perhaps the surprising good health of Pakistan’s equity market shows how disconnected financial trading markets can be from the state of the society they reside in.
Recently, investors have been wildly bullish on the U.S. stock market. However, extremely bullish sentiment often precedes a reversal of fortune for the stock market and there are fundamental reasons to be bearish on the stock market.
Inflation might not be China's biggest concern in 2011, as many experts believe, an economist at Capital Economics said in a note.
U.K. implemented the biggest budget cuts seen since the World War II in an attempt to reduce the massive budget deficit but the hidden costs of the drive could offset much of the savings from the austerity drive.
Asian factory output powered ahead in December to underline emerging markets' lead in the global recovery although data showed an increasing inflation threat in the region even as growth is tepid in developed economies.
The entire precious metals complex had a stellar run in 2010, led by palladium's 97 percent rise and Silver's 83 percent gain. Gold yielded investors a 29.7 percent profit in 2010, the tenth consecutive annual gain in a row.
Chinese Premier Wen Jiabao vowed again to step up efforts to keep consumer inflation in check in 2011, state media reported on Sunday.
Many economists believe that US economy will continue to grow around 3.5 percent in 2011, led by pickup in consumer and business spending. The extension of Bush-era rate cuts will add moderately to GDP growth, while at the same time as increasing the budget deficit.
Top Ten Predictions for U.S. Economy/Markets in 2011. These predictions come from Michael Yoshikami, president and chief investment strategist of YCMNET Advisors Inc. in Walnut Creek, Cal.
These predictions come from Richard Kang, Chief Investment Officer and Director of Research at Emerging Global Shares, an ETF company focused on the emerging markets.
China's factory inflation cooled in December as manufacturers expanded more slowly after a strong run in growth, lessening the need for the country's central bank to tighten monetary policy too far.
