Future Business

U.S. government bonds slipped on Friday, pulling yields off two-week lows, after industry and consumer sentiment reports bolstered hopes the economy might soon start to recover from the worst recession in decades.

(more…)

The decision means the Bank’s Monetary Policy Committee will extend its programme of buying Government bonds from an initial £75bn to a total of £125bn within the next three months. The announcement came as the Bank left interest rates at 0.5pc - a move widely expected by economists.

(more…)

The Bank of England has kept interest rates on hold at 0.5% and announced that it will inject an extra £50bn into the UK economy.

(more…)

FXstreet.com (Barcelona) - After rising around 125 pips from 1.2964 to 1.3090, fresh intra-day high, the EUR/USD has been rejected to 1.3050, currently the pair is trading around 1.3055/65, 0.30% increases so far today from opening price at 1.3023.

(more…)

European stocks retreated on concern that banks may need to raise additional capital and the outbreak of swine flu will hinder an economic recovery.

(more…)

U.K. Chancellor of the Exchequer Alistair Darling said Tuesday the government isn’t in a hurry to sell its stakes in banks.

(more…)

This year has not been a good one for renewable energy, despite promises by politicians all round the globe to make it the centrepoint of economic recovery.

(more…)

Investors set aside some of their worries about the economy Tuesday after a closely watched measure of consumer confidence soared in April.

(more…)

Tuesday in European deals, the British pound showed weakness against its major counterparts. The pound thus declined from early Asian session’s new multi-week highs against the European currency and Swiss franc.

(more…)

U.S. stock futures traded lower Tuesday as investors await a speech by Treasury Secretary Timothy Geithner, who repeatedly announce a new program of capital support for financial institutions that need it.

(more…)

The dollar traded mixed against rival currencies in European deals on Tuesday as the market nervously awaits a US Senate vote on President Barack Obama’s economic stimulus plan.

(more…)

The U.S. Senate is slated to vote early next week on an economic stimulus package totaling at least $780 billion that President Barack Obama said is needed to prevent the economy from sinking into a deeper recession.

(more…)

Author: Kenneth J. Gerbino

Before I address the inflation - deflation question, it’s important to define some economic terms so everyone is on the same page.

Inflation: 1) Prices of goods and services increasing due to currency depreciation (printing or creating money). 2) The cost of living increasing without a corresponding increase in wages and salaries. 3) The result of currency depreciation that affects everyday prices of consumer goods. 4) The lowering of the standard of living of wage and salary earners.

(more…)

US President Barack Obama has moved a step closer to his first big legislative victory as key Senators tentatively agreed on an economic stimulus measure amid stunning new signs of America’s economic weakness.

The dollar rose strongly against the euro and pound Wednesday, after weak economic reports from the region supported many investors’ beliefs that the regions’ central banks will cut interest rates on Thursday.

(more…)