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Cost-cutting begins at home
14 hours ago ago from Get Your Best
Inflation based on the wholesale price index, which includes manufactured products in addition to food and fuel items, had fallen through 2009 and, in September, it had turned negative. But in the past four months, it has been rising and is now at 4.78 per cent. Add to this, the forecast on inflation from the central bank: the Reserve Bank of India has raised the fiscal-end inflation estimates to 6.5 per cent from the earlier 5 per cent. ...
Related contentA Savvy Bond Man Bets on Rising Inflation: Tedford Sees Price Pressures; Time to Buy Timber?
1 day ago ago from Commodity Trade Alert
( Wall Street Journal ) Bill Tedford is encouraging investors to bet against remarks by Federal Reserve Chairman Ben Bernanke, who told a group of Washington-area business leaders this month that inflation could move lower from here. For more than 20 years, Mr. Tedford has run a benchmark-beating bond portfolio for Little Rock, Ark.,-based Stephens Inc. And though Mr. Bernanke sees slack in the economy that could ...
Related contentCommodity Prices for 2010 – Agricultural Commodities
16 hours ago ago from Basilio Chen
Raw materials and raw food (agricultural commodities) will very likely go up in prices. Since industrial production will slow (except in China and India), industrial materials will increase however less. Here is what we believe can happen to. Inflation of prices will start with raw food and move into food production. It is not going to be noticed in the industrial world but it has already been noticed in emerging countries like ...
Related contentChina retaking control over the economy
2 hours ago ago from OBAMAers Dot Com
Quote: BEIJING: Chinese Premier Wen Jiabao said on Sunday that inflation prevention would be an important task next year. He said preventing inflation would ensure a stable environment for economic development and protect the interests of the people, as maintaining stable and rapid economic growth was a top economic priority next year. "China is not facing an inflation issue at the moment..., but we should foresee such a ...
Related contentWen Says China Will Cool Property Prices, Stand Firm on Yuan
4 hours ago ago from All About Work & Financial
Chinese Premier Wen Jiabao said the government will cool property prices, resist pressure for the yuan to appreciate and keep inflation at “reasonable” levels. “Property prices have risen too quickly in some areas and we should use taxes and loan interest rates to stabilize” them, Wen said today in an online interview with the official Xinhua News Agency. China will “absolutely not yield” to pressure on the yuan, he said. China’s property ...
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