For the first time in six months, the index of Leading Economic Indicators (LEI) was positive, posting a gain of 0.2 percent in March. Positive contributions from vendor performance and money supply helped offset the ongoing effects of the housing
CEP News) - Dallas Fed President Richard Fisher, one of two Fed dissenters in the last FOMC rate cut decision, said he has a "strong reluctance" about further rate cuts.
CEP News) Frankfurt - The slowing economy won't necessarily ease inflation pressures, Nederlandsche Bank President Nout Wellink said, adding that the present inflation situation is "a great worry."
CEP News) - Inflation worries sparked a front-end led selloff in Treasuries on Thursday as market participants increasingly believe the Federal Reserve will only cut rates by a quarter-point at the end of the month.
CEP News) - The Federal Reserve received only $35.1 billion in bids for a $25 billion auction through the term securities lending facility (TSLF), officials announced Thursday.
CEP News) - North American fixed income markets are declining and equities are mixed with yields on U.S. 10-year Treasury notes up 4.8 bps to 3.74% and Canadian 10-year CGBs up 1.5 bps to 3.69%. The Dow Jones Industrial Average
CEP News) Ottawa - The C.D. Howe Institute's Monetary Policy Council (MPC) is suggesting the Bank of Canada go slowly in reducing interest rates, making a single 25 basis point cut on April 22 and holding the rate at 3.25%
The dollar struggled against the euro, falling to a new all-time low just shy of the psychologically key 1.60-level at 1.5982. Despite jawboning from a Eurozone official, the greenback came under renewed pressure following the release of a sharply weaker
CEP News) - Richmond Fed President Jeffrey Lacker said he expects the U.S. economy to contract in the first half of 2008 and that he views inflation as being too high and a problem.
CEP News) - Market participants widely anticipate a half-point rate cut from the Bank of Canada at next week's monetary policy meeting, but a shadow committee of university and professional economists suggested Thursday that the central bank should cut by
Hitwise has been looking into GoCompare again and has some extremely interesting stats on how its traffic has been rising, falling and rising again over the last few months.
New research published by E-consultancy this week reveals that the comparison engines sector continues to flourish despite challenges presented by the economic downturn and the increased cost of buying search engine traffic.
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VICTORIA, BRITISH COLUMBIA--(www.AllPayNews.com - April 15, 2008) - Companies representing the multi-retailer gift and prepaid cards industry welcome British Columbia's new (proposed) gift card legislread more
For those who made it up, down, and/or across to ad:tech San Francisco, hopefully you took our advice during your pre-show planning, making sure to wear comfortable shoes, bringing plenty of business cards, showing up...
Rana motors, a local tyre producing company has entered into partnership with Belshina Africa Tyre Solutions limited, also a tyre producing company in Belarus to expand their operations to satisfy increasing market demand. The merger is to enable the two
The Zimbabwe International Trade Fair, the country's prime trade show, will go ahead next week as planned despite the political stalemate in the country.
In pursuit of the desire to encourage and boost exportation of the nationís solid minerals, the Cargo Defence Fund (CDF), an arm of the Shippers' Council, has concluded plans to organise an awareness seminar aimed at educating exporters and potential
