Ben Bernanke, the US Federal Reserve (Fed) chairman, and Spencer Dale, Executive Director and Chief Economist of the Bank of England, have both given the markets food for thought.
Ban Bernanke, giving his half yearly assessment of the economy to the US Congress, …read more
Despite some gloomy news the US Federal Reserve (Fed) still expects the US to experience economic growth into the future, albeit at a much reduced level. The Fed also reduced its expectations on the level of inflation over the coming months. …read more
Analysts believe that the UK supermarket trade could be hit by the economic downturn according to the Telegraph.
With Tesco’s figures due out on Tuesday and Sainsbury’s on Wednesday, many are saying that they expect the results to be …read more
The Bank of England’s (BoE) May quarterly inflation survey indicates that householders think that inflation will rise in future to 3.3%. This is an increase on last quarter’s expectation of 2.5%.
These figures show that the public think that the BoE …read more
Another month, another interest rate decision, another snooze. The MPC rightly left Bank Rate on hold at just 0.5% this month, the fifteenth in a row. But with Canada having recently started to tighten rates, and some people worried about soaraway inflation …read more
Two economy bears, one a member of the UK Monetary Policy Committee (MPC) and the other who is now known as ‘Dr Doom’ have given their verdicts over the last two days in the Daily Telegraph.
Today Adam Posen, an American who was recruited to the MPC …read more
After some losses last week, today gold continued its overall previous rise. The precious metal still has attractions for those who fear for the economic health of the Eurozone amongst others.
The Spanish takeover of the savings bank CajaSur on Saturday after its failed merger …read more
The UK trade gap widened from £6.3 billion in February to £7.5 billion in March as exports failed to match imports. The total trade gap, which includes services, rose from £2.2 billion to £3.7 billion. The pound fell by over a cent against the dollar in the news. …read more
It seems that everyone is now on the hunt for gold. We are bombarded on radio, TV, internet and via the printed media to sort through the attic and gather all that old jewellery together, put it into an envelope and wait for you cash to arrive.
I’ve even had a local metal trader putting leaflets …read more
Inflation or deflation? That is the question
Sunday, April 25th, 2010This week’s edition of Money Week has a very good editorial by Merryn Somerset Webb as well as a lengthy article with input from four economists, two in the inflation corner and two in the deflation corner. …read more
Tags: deflation, economics, inflation, merryn somerset webb, money week, News
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