Intense Inflation Pressures: Fed And Bank Of England Have Their Hands Tied |
|
US industrial production fell for the second consecutive month in May, falling 0.2%, following an unrevised 0.7% decline in April. This was worse than the 0.2% gain expected as utilities posted a sharp decline in output. Overall, industrial production is down 1.1% compared to a year ago. No one can deny that industrial output is contracting, but at least it hasn’t been a rapid drop. Meanwhile, inflation data released today showed that US producer prices in May rose at their fastest rate in six
Filed under: Fundamental
Latest Posts
- Obama Names Next Treasury Secretary
- This Week's Market Outlook - Forex Trading, Currency Forecast, FX …
- The Trading Week: Nov. 24 - Nov. 28
- The week in few words
- Citigroup volatility makes for option day-traders heaven - financials remain pressured
- Today’s Live Show
- Forex Fundamental Outlook - Forex Trading, Currency Forecast, FX …
- Time for another rescue package
- Stock markets continue weakening
- ECB to ease aggressively - yields will fall further
- Forex Trading: EUR/USD Tests Trendline Resistance | Daily Markets
- London Gold Market Report
- the 10 essentials of forex trading jared f. martinez (forex Series …
- Euroland: Very weak PMI should spur ECB to cut rates dramatically
- Currency Currents
No Comments! Be The First!