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High Crude Oil Prices? It's the Fed, Stupid
Low interest rates are weighing on the dollar and helping to drive up the price of crude. Why is no one talking about the Fed's role in soaring gasoline prices.
Related Topics: Markets | Energy/Commodities | Bonds/Economy
12:10PM 06/27/08
The central bank, however, hinted in its accompanying statement that inflation concerns could bring rate hikes in the near future.
Related Topics: Markets
04:41PM 06/25/08
Politics May Crimp Fed's Inflation Fight
The central bank may be reluctant to raise interest rates before the November election, even if signs suggest they should.
Related Topics: Markets
06:59AM 06/23/08
Coming Week: Don't Count on the Fed
Stocks will stagger into the week amid worsened credit conditions and surging commodities.
Related Topics: Markets
08:37AM 06/21/08
World Bank Boosts China Growth Outlook
The bank raises its forecast for 2008 to 9.8% from 9.4%, citing strong domestic demand and continued dominance in exports.
Related Topics: Markets
12:49PM 06/19/08
AIG Lending Unit Could Bring More Pain
Subprime loans made by mortgage outfit American General Finance could lead to new losses, as the insurer reels from writedowns and the ouster of CEO Martin Sullivan (above).
Related Topics: Financial Services | Banks
02:15PM 06/16/08
GE Slumps to Lowest Level in Four Years
Earlier, it slipped as low as $28.46 after JPMorgan analyst C. Stephen Tusa Jr. cut GE to neutral from overweight.
Related Topics: Industrials | Financial Services | Media | Consumer Goods
12:39PM 06/16/08
Gas Spike Not Bleeding Into Rest of CPI
Excluding food and energy, the core reading of the consumer price index showed an increase of only 0.2% in May.
Related Topics: Energy | Energy/Commodities | Bonds/Economy | Markets
10:54AM 06/13/08
The Five Dumbest Things on Wall Street
Callan's bedtime story; in spin we trust; vetting the vetters; MBIA fights the law; fist jabs for cable news.
Related Topics: Market Commentary
07:01AM 06/13/08
Fed Official Backs Regulation Effort
New York Fed President Tim Geithner wants to see new capital, liquidity and risk management requirements on major U.S. financial institutions.
Related Topics: Financial Services | Banks | Bonds/Economy | Markets
02:52PM 06/09/08
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