Archive for February 2nd, 2010

Deeper Analysis

Inflation in the United States and Elsewhere

February 2, 2010

U.S. consumer prices advanced 2.7% between December 2008 and December 2009, 2.6 percentage points greater than the on-year 0.1% uptick between December 2007 and December 2008.  From a wide selection of other advanced and emerging economies shown in the table below, a similar acceleration occurred only in India, where November comparisons are used instead of […] More

New Overnight Developments Abroad - Daily Update

No Rate Hike in Australia Sends AUD Lower

February 2, 2010

The Aussie dollar relapsed 1.1% against its U.S. counterpart after a surprise decision by the Reserve Bank of Australia not to implement a fourth rate hike now. The greenback otherwise slid 0.3% relative to the Canadian dollar and 0.1% against the euro, but has risen 0.3% against sterling and 0.1% versus the yen, Swiss franc […] More

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