News
Market Watch | U.S. wholesale prices firm a bit in July
U.S. wholesale prices rose 0.3% in July as higher food costs offset another decline in energy costs, the Labor Department said Tuesday.
CNBC | India Inflation Eases, but Don’t Bet on a Rate Cut Soon
An unexpected fall in India's inflation rate cheered markets on Tuesday, lifting hopes that India’s central bank now has more room to cut borrowing costs and boost a weakening economy, but economists say don’t bet on India’s hawkish central bank cutting interest rates in the near future.
Blogs
Minyanville | The Market Is Betting on QE3, but Is That the Right Bet?
According to the staff economists at Bank of America (BAC), the market is pricing in an 80% chance of QE3 by the Fed. That is by far the highest predicted percentage I have seen published so far.
