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Market Wrap For December 9: Investors Digest Further Clues Hinting at An Upcoming Taper
Monday, December 9, 2013 - 5:45pm | 1739According to Jim Bullard, the chances of the Fed tapering have increased due to recent labor market data. “There is no widely accepted reason why inflation is running as low as it is in the face of extraordinarily accommodative policy for the Fed,” he added. The St. Louis Fed chief added that...
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China's Inflation Rate Drops To 3.2% In June
Monday, July 9, 2012 - 4:59am | 43China's inflation rate dropped in June. The consumer prices index climbed 2.2% y/y in June, versus a 3% y/y rise in May, according to official data released Monday. The producer price index declined 2.1% y/y in June, versus a negative 1.4% reading in May.