Dollar Rises on Federal Reserve Decision and Obama Stimulus
January 29, 2009 11:07 am by Dan EduardThe Dollar rose against its major currency pairs yesterday, after the U.S. Federal Reserve decided to keep America's interest rates unchanged at 0.25%. The Dollar's behavior is also owed to the approval of President Obama's stimulus by the U.S. House ...
How Fast Will The U.S Economy Recover?
January 22, 2009 1:11 am by Natalie R.The U.S. economy has been under-performing for more than a year now, which made many investors wonder how bad things will get and how long will they last. The recession in the U.S has been felt in several crucial sectors: ...
Low Inflation could Trigger Deflation
December 18, 2008 12:02 pm by AylonRecently, the Department of Labor released the US Producer Price Index, showing that there was a steep drop of inflation during the month of October, as the indicator posted a 2.8% decline in prices; almost a full basis point below ...
