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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....

2011-05-23 12:25:00

CHICAGO, May 23, 2011 /PRNewswire-USNewswire/ -- Many developing countries are rapidly adopting cellphone technology as a means for delivering financial services to their citizens without a heavy investment in infrastructure. Now, a team of researchers from Massachusetts Institute of Technology and Georgetown University says important economic considerations loom on the horizon for policymakers, mobile banking companies and central banks. (Logo:...

2011-05-21 00:01:24

Global leader in currency data develops free mobile app that gives users access to real-time foreign exchange rates trusted by corporations, tax authorities, auditing firms, and financial institutions New York (PRWEB) May 19, 2011 OANDA Corporation, provider of innovative online forex trading and the world's most accurate currency data, has developed a free currency conversion application for the BlackBerry PlayBook"”the new tablet device launched in April by Research In Motion. The...


Word of the Day
siliqua
  • A Roman unit of weight, 1⁄1728 of a pound.
  • A weight of four grains used in weighing gold and precious stones; a carat.
  • In anatomy, a formation suggesting a husk or pod.
  • The lowest unit in the Roman coinage, the twenty-fourth part of a solidus.
  • A coin of base silver of the Gothic and Lombard kings of Italy.
'Siliqua' comes from a Latin word meaning 'a pod.'
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