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The soaring price of lumber was one of the hottest topics on the lips of industry executives speaking at midyear conferences, becoming a focus of discussion almost as often as cyber risks and social ...
Inflation, defined as the rate at which prices for goods and services are increasing, tends to occur when prices rise due to increases in production costs or when the demand for a product exceeds its ...
Stubbornly weak inflation is shaping up as the wild card for U.S. monetary policy makers this year, with top Federal Reserve officials stumped by why it has lingered so low for so long and at odds as ...
Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year. ...
Two senior Federal Reserve officials on Tuesday played down the chances that the U.S. central bank would signal a readiness to reduce its bond buying at its meeting next month, dampening speculation ...
The European Central Bank cut interest rates for the first time in 10 months on Thursday, driven to act by an economy wallowing in recession and freed to do so by sharply falling inflation. The ECB ...
The Bank of Japan's massive new bid for inflation will create growth but to its chagrin much of it may well be concentrated in financial markets and outside of Japan. So long as Japanese consumers ...
With a gross domestic product of $2.42 trillion, Brazil is already the world's sixth largest economy—bigger than the UK. A diversity of trading partners, as well as a mix of agriculture, raw ...
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