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THE ECONOMY.(A)
Fed not reason for smooth cycles
That's according to a National Bureau of Economic Research paper presented at the annual Jackson Hole, Wyo., Fed conference. The paper said the drop in economic volatility of the past two decades has more to due with the absence of major blows like the oil shocks of the 1970s. Improved monetary policy can "take credit for only a small fraction" of the milder boom and busts, the study said.
** Central banks should tackle emerging asset bubbles head-on rather than wait till they burst, economists at the Bank for International Settlements said at the Fed conference.
ECRI leading index rose last week
The Economic Cycle Research Institute's leading U.S. index ticked up to 127.8 in the week ended Aug. 22 from 127.6 in the prior week. Falling mortgage applications due to rising interest rates offset bullish stock gains and higher oil prices. The index's four-week annualized growth rate slid for a third straight week to 12.4%, but remains near a 20-year high. "This recovery is not very vulnerable," said ECRI Managing Director Lakshman ...
- EURO-ZONE INFLATION ESTIMATED AT 2% IN JANUARY.(Brief Article)
- Newspaper article from: European Report February 7, 2004 700+ words
A 2% Euro-zone inflation rate is expected for January, according to a flash estimate issued by the Statistical Office of the European Communities (Eurostat...
- Euro-zone inflation hits over 2 percent.
- News wire article from: United Press International April 19, 2000 700+ words
...slipped up 0.2 percent to 2.6 percent; and Spain stayed unchanged at 3 percent. Also significant about the euro-zone inflation rate figure newly released was that it overstepped the central bank's 2 percent ceiling for the first time. The figures...
- Euro zone inflation continues to slip in September
- News wire article from: Xinhua News Agency October 15, 2009 700+ words
Euro zone inflation continues to slip in September BRUSSELS, Oct. 15 (Xinhua) -- Annual inflation in the 16 nations sharing the euro continued...
- Euro zone inflation sinks further in July
- News wire article from: Xinhua News Agency July 31, 2009 700+ words
Euro zone inflation sinks further in July BRUSSLES, July 31 (Xinhua) -- Annual inflation in the 16-nation euro zone dropped further in July...
- Factory output in negative zone; Inflation hits new 30-yr low.
- News wire article from: PTI - The Press Trust of India Ltd. April 9, 2009 700+ words
Factory output in negative zone; Inflation hits new 30-yr low New Delhi, Apr 9 (PTI) India's factory output registered a negative growth of 1.2 per cent in February...
- ECONOMIC OUTLOOK: EURO-ZONE INFLATION ESTIMATED AT 1.9% IN JULY.(Brief...
- Newspaper article from: European Report August 3, 2002 700+ words
...s Statistical Office, Euro-zone annual inflation is expected to be 1.9% in July, up from 1.8% in June. Euro-zone inflation is measured by the Monetary Union Index of Consumer Prices (MUICP). To compute the MUICP flash estimates, Eurostat uses...
- ECONOMIC DATA: NOVEMBER EURO-ZONE INFLATION DOWN TO 2.2%.(Brief Article)
- Newspaper article from: European Report December 4, 2002 700+ words
The Euro-zone inflation rate in November was 2,2%, according to the latest flash estimate published on November 29 by Eurostat, the EU's Statistical...
- ECONOMIC OUTLOOK: EURO-ZONE INFLATION PICKS UP SLIGHTLY IN OCTOBER.(Brief...
- Newspaper article from: European Report November 1, 2002 700+ words
Euro-zone inflation in October is put at 2.2%, according to an early estimate published on October 31 by Eurostat, the EU Statistics Office...