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Latest Monetary policy Stories

2011-11-21 12:23:41

While the price of oil has risen in recent years, it has not affected the price of goods as much as in the past, according to research by two Kansas State University economists. More than that, the prices of many goods -- such as clothing or vacations -- are actually deflating instead of inflating because of improved technology and reduced energy costs. Lance Bachmeier, associate professor of economics, and Inkyung Cha, adjunct professor of economics, discuss oil shocks and inflation in...

2011-08-18 00:00:00

LONDON, August 18, 2011 /PRNewswire/ -- Gold's strong start to the year was reinforced during the second quarter of 2011 where total global gold demand measured 919.8 tonnes (t), worth a near-record US$44.5bn, with broad-based support across all sectors and geographies. Standout markets were India and China, as these two markets accounted for 52% of total bar and coin investment and 55% of global jewellery demand, the World Gold Council announced today. According to the...

2011-07-20 00:00:31

European debt crisis and faltering U.S. economy paint bleak picture for second half of 2011, with commodity-based economies in Australia and Canada faring strongest. New York, NY (PRWEB) July 19, 2011 With the exception of strong commodity currencies in Canada and Australia, the outlook for most major currencies in the third quarter of 2011 is bleak. Continued low interest rates, declining consumer confidence, and a poor employment outlook will mean a rocky ride for the U.S. dollar in Q3....


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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