India’s central bank raised interest rates by a bigger-than-expected 50 basis points on Tuesday
Posts Tagged ‘inflation’
India central bank toughens stance, lifts rates by 50 bps
May 3rd, 2011 
satterthwaite2 
Posted in The Market 
Tags: Abheek Barua, banks, Duvvuri Subbarao, economy, inflation, Reserve Bank of India 
3 Comments »The 9 Places Where Inflation is Crushing Us
April 28th, 2011 satterthwaite2 Inflation is far from under control and it’s time that Americans demand our government officials do something about it.
China growth sizzles, inflation bubbles
April 15th, 2011 satterthwaite2 China’s turbo-charged growth eased just a touch in the first quarter, while its inflation jumped to a 32-month high, putting pressure on the government to do more to rein in prices and keep the economy on an even keel.
China FX reserves soar past $3 trillion, add to inflation
April 14th, 2011 satterthwaite2 China’s foreign exchange reserves soared to a record of more than $3 trillion by end-March, while its money supply growth blew past forecasts, threatening to aggravate the nation’s inflation woes and trigger more policy tightening.
Euro strikes 15-month high against dollar
April 6th, 2011 satterthwaite2 Stocks rose Wednesday despite worries over a nuclear reactor in Japan and Libya’s violent conflict, while the euro hit a 15-month high against the dollar on expectations the European Central Bank will hike interest rates this week.
US expects bigger corn crop to ease food inflation
March 31st, 2011 satterthwaite2 U.S. farmers are expected to boost the size of this year’s corn crop, potentially easing global food inflation.
