inflation

Fed keeps interest rates near zero, but hints of increase by mid-December

The Federal Reserve kept interest rates near zero last Wednesday after a two-day meeting, but said that it considers increasing it in their final meeting this year in mid-December.

US consumer prices drop, complicating Fed rate hike decision

A tame inflation complicates the Federal Reserve's decision whether to raise interest rates this week. Data show that despite many signs of economic improvement, the pace of growth of US consumer prices last month was well below the central bank's target.

At near zero inflation, ECB may expand QE program

European Central Bank may expand quantitative easing program as the inflation is hovering at near zero level of 01. percent for August. ECB Vice-President also indicated that QE program may be widened further.

China deflation feared as producer prices fall anew

Fears of deflation in China intensify as producer prices in August plummet for the 42nd time in a row. The decline is attributed to lower demand as well as duplication of industries across China.

Eric Rosengren hints at gradual rise in rates

Boston Fed President Eric Rosengren opines that low inflation rate would help government keep interest rates at lower level. He also hinted that US Fed might go for interest rate hike in a gradual manner and it might happen now or after few months.

US housing costs on the rise, CPI reveals

The housing costs in the U.S. continue to rise despite the inflation rate. Last month, prices of commodities slightly went up but Federal Reserve will not be moved from raising interest rates this year.

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