Related Blog Posts
BOJ Says It Won’t Tolerate Deflation as Key Rate Stays at 0.1%
15 hours ago ago from All About Work & Financial
The Bank of Japan held interest rates at 0.1 percent and policy makers said they are intolerant of price declines amid signs deflation may undermine the economic recovery. The policy board “does not tolerate a year-on-year rate of change in the CPI equal to or below zero percent,” the central bank said in a statement in Tokyo today after the unanimous rate decision. Bonds rose as today’s warning on prices signaled the central bank is ...
Related contentThe Cost of ‘The 12 Days of Christmas’ 2009
11 hours ago ago from Christmas Music 24/7
According to the PNC Christmas Price Index , buying each of the 12 items in The Twelve Days of Christmas carol, will cost you $21,466. And if you repeat gifts as the song progresses, it'll et you back a modest $87,403. PITTSBURGH, Nov. 30, 2009 — Thanks to the weak economy in 2009 the PNC Christmas Price Index increased by a modest 1.8 percent compared to last year in the whimsical economic analysis by PNC Wealth Management based on the ...
Related contentIndia Food Prices Climb 19.95%, the Most in 11 Years
20 hours ago ago from IndusLatin
Instead of making meaningful policy changes, politicians are likely to respond by imposing price controls, banning futures trading and exports, making the problem worse. Proving Groucho Marx right: Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies. With peak oil at hand, and rising energy prices for the foreseeable future, food inflation is only going to get ...
Related content‘AMERICANS ARE FINALLY SAVING. HOW DID THAT HAPPEN?,’ in the N.Y. Times. Savings rate at 16 year high.
2 hours ago ago from Want Less Blog
THIS was the year of the return to financial sobriety — if you judge such things by the nation’s personal savings rate. That rate — which was 4.4 percent in October, according to the Commerce Department’s Bureau of Economic Analysis — subtracts what we collectively spend from what we make and then expresses the result in percentage terms. In 2009, it has ranged from a low of 3.4 percent in February to a high of 6.4 percent in May, which ...
Related contentFed To Leave Rates Low For 'Extended Period'
20 hours ago ago from About mortgage
Fed To Leave Rates Low For ‘Extended Period’ WASHINGTON — The Federal Reserve pledged Wednesday to hold interest rates at a record low to drive down double-digit unemployment and sustain the economic recovery. The Fed noted that the economy is growing, however slowly. And turning more upbeat, it pointed to a slowing pace of layoffs. Still, Fed Chairman Ben Bernanke and his colleagues gave no signal that they’re ...
Related contentRelated News
Nothing to see... move along.
Related Videos
Nothing to see... move along.
