A consumer price index (CPI) is a measure estimating the average price of consumer goods and services purchased by households. A consumer price index measures a price change for a constant market basket of goods and services from one period to the next within the same area (city, region, or nation). It is a price index determined by measuring the price of a standard group of goods meant to represent the typical market basket of a typical urban consumer.

What Is The ‘Misery Index’ Saying About Obama's Re-Election Chances?

An unofficial gauge of human misery in the U.S. is now sitting at its lowest level in three years. Not four. In other words, while conditions have improved somewhat, Americans are still feeling miserable under President Barack Obama's watch and that obviously doesn't bode well for Obama's re-election chances.

July US CPI Flat - Lower Than Expected; Core Rate Up 0.1%

Consumer prices were flat in July for a second straight month and the year-over-year increase was the smallest since November 2010, giving the Federal Reserve room for further monetary easing to tackle stubbornly high unemployment.

China July Trade Data Disappoints

China reported a trade surplus of $25.1 billion in July amid slower-than-expected growth in exports and imports, raising the concern that the world's second largest economy isn't doing enough to stimulate the economy and avert a slowdown.

European Stocks Gain On China Stimulus Hopes

European markets rose Thursday as investor confidence was lifted by hopes that China will announce stimulus measures to boost the economic condition and regain the growth momentum.

US Consumer Price Index Flat In June As Gas Prices Fall

Consumer prices in the U.S. were flat in June as the higher cost of food offset another drop in energy, according to government statistics released Tuesday, further confirming the Federal Reserve's view that the jump in fuel costs was only temporary.

China Q2 GDP Growth Slows To 7.6%

China's gross domestic product growth slowed down in the second quarter to the lowest rate in three years, due to soft global demand official data released Friday show.

China June Trade Surplus Widens On Weak Imports

China's trade surplus widened to $31.73 billion in June, up 42.9 percent compared to the same month in last year amid slower-than-expected growth in imports, raising concern that the world's second largest economy isn't doing enough to stimulate domestic demand and avert a slowdown.


US Federal Reserve

Get Ready For The Fed?s Summer Sequel - Operation Twist 2

The prolonged crisis in the euro zone, coupled with signs that the U.S. economic recovery is faltering, have led to speculation that the Federal Reserve will provide more monetary stimulus, most likely through extending its Operation Twist program, at the June two-day Federal Open Market Committee meeting, which concludes on Wednesday June 20.
The Reserve Bank of India logo is pictured outside its head office in Mumbai

Reserve Bank Of India Disappoints Industry, No Rate Cuts Now

The Reserve Bank of India disappointed the industry as it left the repo rate and cash reserve ratio unchanged at 8 percent and 4.75 percent, respectively, in its mid-quarter policy review Monday. The reverse repo rate, at which banks lend money to the RBI, also remains unchanged at 7 percent.