All Posts Tagged With: "fed"

US Inflation Rate Surges

US consumer price inflation rose at its fastest rate since November 2007 as oil and energy costs continue to soar.

The US Labor Department said prices increased by 0.6% in May, a higher increase than forecast.

John Mauldin examines the causes of inflation in in Outside the Box…

Eurozone Inflation Highest for 16 Years

Eurozone inflation measured 3.7% year-on-year in May, the highest rate for 16 years, reports Bloomberg. This increases the likelihood of an interest rate hike by the ECB in July, putting more downward pressure on the US dollar.

Money Morning’s William Patalon III discusses how rising inflation is dominating the news on both sides of the Atlantic:

Undoubtedly, a universal theme is emerging at the Fed and other world central banks: Inflation, Inflation, Inflation.

Whip Inflation Now

Whip Inflation Now…Where Can We Get Help on Inflation?…The Patient Died Anyway…Inflation in Asia and Europe…There Are No Good Solutions

Talking the Dollar Higher

Can you talk a currency into gaining value? It seems Fed Chief Ben Bernanke and European Central (ECB) President Trichet think so. They’ve been telling anyone who will listen how serious they are about fighting the inflation monster that would cheapen their currencies.

Questioning The Fed’s Rhetoric

More dollar strength… Retail Sales surprise… SARB raises rates! Gold on the slippery slope…

Dollar Rallies on Sales Surprise - Euro Undercut on ECB Comments

 In the currency market, the dollar rallied against the euro. Late Thursday, the euro was trading at $1.5421 vs. $1.5548 on Wednesday. The buck was supported by better-than-expected retail sales, which boosted expectations for a Fed rate hike.

Precious Metals take it on the Chin Again - Interest Rate Uncertainty Driving Market

Gold declined from the far East into the first hour of the New York session on Thursday, bottoming at $857 before rallying after the noon hour to finish at $868.40/oz., down $11.70. Overnight, gold has fallen off further.

BusinessWeek: 95% Chance of US Recession

There is a 95% chance that the US economy will enter a recession, according to a report in BusinessWeek magazine.

Jennifer Yousfi in Money Morning gives some background and examines strategies for recession proof investing:

U.S. Federal Reserve policymakers cut the benchmark interest rate by less-than-expected three-quarters of a percentage point at their last meeting, a move that was designed to energize a badly flagging economy without causing inflation to spike or exacerbating the greenback’s decline.

The U.S. Economy’s Uncertainty Brings Opportunity for Investors in the Months to Come

With a wheezing economy that’s struggling with housing and credit problems - as well as a weak dollar - it’s clear the United States won’t be in the investment spotlight this year.

Jobs Jamboree Friday!

Trichet talks tough! Kohn sends warnings… The currencies bounce back! Will the BLS create ghost jobs?

Receive These Valuable Investing Strategy Resources to Your Inbox Courtesy of Contrarian Profits

    Subscribe
We respect your privacy.
Choose any of the FREE subscription services below that you'd like to receive, enter your email address, and click 'subscribe'.
The Daily Reckoning



Select Edition:
DailyWealth

Penny Sleuth

Money Morning

Investor's Daily Edge

Money Morning UK

Investment U

Whiskey and Gunpowder

Taipan Daily

The Growth Stock Wire

Offshore A-Letter

Today's Financial News

International Living

The Smart Profits Report

Spiritual Wealth