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Bank committee split over rate rise
- 3 Hours ago
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An interest rate increase was ruled out this month because of the risk that it might make the economic downturn 'unnecessarily deep', the Bank of England revealed. Monetary Policy Committee (MPC) member
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Goldman Cuts View on 5 Major US Investment Banks
- 3 Hours ago
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GOLDMAN SACHS, BANKS, FINANCIAL SERVICES, STOCK MARKET, OUTLOOK Goldman Sachs slashed its earnings outlooks for five major rivals on Tuesday, citing mounting write-downs on mortgages, a slowdown in overall
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Breitbart.com
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Wholesale prices surge
- 85 Minutes ago
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WASHINGTON - Wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years, according to government data released Tuesday. The Labor Department reported that
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Surging inflation scorches U.S. economy
- 7 Hours ago
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Wholesale inflation soared in July, leaving U.S. prices rising at the fastest pace in nearly three decades. While recent declines in oil and other commodity prices raise hopes inflation may have peaked,
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Poland may need a rate cut in Q1 2009-dovish cbanker
- 5 Hours ago
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WARSAW, Aug 20 (Reuters) - Polish economy may need interest rate cuts in the first quarter of 2009 should the economy slow to about 4 percent and inflation ease, Monetary Policy Council (MPC) Stanislaw
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Nikkei dips 0.1 pct, hurt by global economy jitters
- 5 Hours ago
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*Nikkei falls 0.1 percent to a one-month closing low *Exporters slide on a bleak global economic outlook *Trading houses gain after a surge in China stocks (Adds details) TOKYO, Aug 20 (Reuters) - The
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