Oil's rise, dollar's fall, cloud outlook for Asia

Article Abstract:

The value of the dollar has declined against Asian currencies, causing economists to trim their economic growth forecasts for the region. High costs of oil and reduced global demand for electronics are also posing significant threats for Asian economies. As a result, central banks in the area are reconsidering their plans to raise interest rates.

United States, Commodity & service prices, PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Asia, Petroleum & Energy Products, Analysis, Economic aspects, Prices and rates, Foreign exchange rates, Economic conditions, Monetary policy, Dollar (United States), Company pricing policy

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Inflation makes EU rate cut less likely

Article Abstract:

Rising inflation in European economies may cause the European Central Bank to defer interest rate cuts until September rather June as previously expected. Article discusses the moderate economic slowdown in Europe, and the Central Bank's efforts to reactivate credit markets.

Europe, Government expenditures, Interest Rates, Administration of Human Resource Programs, Labor Distribution by Employer, Public Assistance-Total Govt, Economic policy, Statistics, Inflation (Finance), Domestic economic assistance, European Union. European Central Bank, Credit market, Credit markets, Economic stabilization, Inflation (Economics)

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