Posted by Batool on November 12, 2010 ·
Fed’s speech has led to a lot of criticism as the Dollar price has dropped down right after the speech. Low inflation were expected in his September’s speech but were not true at whole. Anyhow, many of the supporters believe that the step will be productive.
Posted by R. MAK. on October 11, 2009 ·
On Friday the dollar rose broadly after Federal Reserve Chairman Ben Bernanke said that the central bank will be ready to tighten monetary policy as an economic recovery takes hold.The U.S. dollar, which took a beating for much of the week, has recovered some losses against the euro and it has pulled away from a more…
Posted by R. MAK. on September 24, 2009 ·
On Thursday the dollar has gained against the euro after central banks said they will scale back some emergency programs by which trillions of dollars have been injected into banks as financial markets stabilize.Sterling also reached near a six-month low against the euro after Bank of England Governor Mervyn King has told a regional British newspaper that…
Posted by R. MAK. on September 23, 2009 ·
On Wednesday as investors braced for the end of a Federal Reserve meeting expected to keep U.S. interest rates at record lows, the dollar edged higher but still remained near a one-year low against…
Posted by R. MAK. on September 20, 2009 ·
A decline in price levels is referred to as deflation. It is the opposite of inflation in the sense that inflation usually leads to rising prices. Despite of all the facts, deflation can be a very dangerous situation, while in one sense consumers may welcome a decline in price levels. Generally, economies do not like severe inflation or deflation and both these situations can be…