| Jun 13, 2014
| 11:10 AM
By Marja Novak
DUBROVNIK Croatia (Reuters) - There is no need for the European Central Bank to launch large-scale asset purchases for now because the euro zone is not in deflation, one of its top policymakers said on Friday.
Speaking to reporters on the...
| Jun 12, 2014
| 11:04 AM
DUBROVNIK Croatia (Reuters) - Bundesbank President Jens Weidmann emphasized his opposition to government bond purchases by the European Central Bank on Thursday, calling them "sweet poison for governments" that undermine the central bank's ability to do...
| Jun 5, 2014
| 4:55 PM
In a bid to spur growth and avert the dangerous threat of deflation in the sluggish Eurozone economy, the European Central Bank cut its benchmark interest rate to a record low and took the unprecedented step of lowering the bank deposit rate below zero....
| Jun 5, 2014
| 10:28 AM
Global food prices fell for the second consecutive month in May as the cost of dairy, cereals and vegetable oils declined, according to the United Nations’ Food & Agriculture Organization.
An index of international food prices fell 1.2% to 207.8...
| Jun 4, 2014
| 8:14 PM
| Jun 17, 2014
| 2:17 AM
BRUSSELS (Reuters) - Wage growth in the euro zone decelerated to its slowest pace in at least five years in the first quarter and the number of available jobs in the bloc rose for the second consecutive quarter, official data showed on Tuesday.
| May 15, 2014
| 6:24 AM
The cost of living in the U.S. rose in April by the most in almost a year, a sign inflation may pick up as demand in the world's largest economy recovers from a weak first quarter.
The consumer price index increased 0.3 percent, the biggest advance...
| May 15, 2014
| 12:41 PM
The cost of living climbed in April at the quickest pace since last summer, a sign that the economy may be picking up speed.
The consumer price index rose 0.3% last month, the biggest gain since June, the Labor Department said Thursday. Over the last 12...
| May 23, 2014
| 7:00 AM
It's not just your imagination: You are spending more money at the grocery store these days as the price of limes, shrimp, hamburgers and bacon skyrockets.
Prices are rising, and not just with those foods that have been affected by Mexican drug...
| Apr 11, 2014
| 4:11 PM
Drought in the United States, past and present, might make 2014 one of the more volatile years for food prices and supplies globally. U.S. consumers may get a preview of what's coming at the salad bar.
The main culprit is the parched land of California'...
| Apr 22, 2014
| 4:25 PM
The next time you visit the grocery store, you may experience sticker shock. Prices for some of your favorite foods, including bacon, coffee and oranges, are on the rise.
According to the Bureau of Labor Statistics, retail food prices rose in March...
| Apr 23, 2014
In contrast to just a few years ago, you don't hear the shrill cry over the dollar much anymore.
In the early 2000s, during the 2008 financial crisis, and amid the political rancor over the U.S. debt ceiling in 2011, the doomsayers were out in force....