Economic News

SAN FRANCISCO (Dow Jones) -- U.S. equities are likely to tread water this week as investors brace for a fresh wave of inflation and economic reports that arrive at a time when investors are focusing on the apparent slowdown in the economy. The long list of data on tap will be anchored by the influential producer price and consumer price reports, due from the Labor Department on Tuesday and Wedn ...

WASHINGTON (Dow Jones) - Whether you think the economy is too hot or too cold depends on which number you look at. The economic calendar in the coming week will provide both kinds of numbers, economists say. If the data come in as expected, expectations for growth, inflation and the Federal Reserve probably will end the week pretty much the way they started. The big number is the consumer pr ...

SYDNEY (XFN-ASIA) - The US dollar was lower against the yen and euro here with traders taking profits after the strong rise in the US currency on Friday, dealers said. But, they added, expectations of still solid inflation data due in the US on Tuesday and Wednesday will maintain support for the US dollar. At 10:22 am Sydney time, (0022 GMT), the US dollar was at 116.23 yen, down from 116.32 in  ...

BEIJING (XFN-ASIA) - Modest interest rate hikes should be employed as part of a package of measures to cool down the economy, a researcher with China's economic planning body, the National Development and Reform Commission, proposed in an article published in the official Shanghai Securities News. "In term of monetary policy tightening, modest and repeated interest rate hikes should be the  ...