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Inflation News is an EIN News Service for political professionals. Constantly updated news and information about U.S. politics.
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  • US jobless rate surges to 10.2 percent 8 Nov 2009 00:15 GMT
    ... a record 17.5 percent. Speaking at the White House, President Barack Obama said the administration was considering ... 10 percent unless we have an imminent inflation danger,” said Keith Hembre, chief economist at ... will start hiring, was steady at 33 hours. Average hourly earnings rose to $18.72 from ...

  • G20 says economic recovery still fragile 8 Nov 2009 00:12 GMT
    ... recovery is expected to be sluggish and inflation will remain low. The most pressing policy challenges ... and that financial reforms are left to languish.'' The report was issued as new United States data showed a further 190,000 jobs were ...

  • Jobless: 10 percent is tougher than it used to be 8 Nov 2009 00:31 GMT
    ...   WASHINGTON (AP) -- It hurts more to be ... Unemployment benefits are more generous, adjusted for inflation, and the Internet allows jobseekers to network, scan ... And thanks in part to higher home values, Americans are worth more now. Measured in ...

  • Fed Attempts to Export Inflation Will Fail 7 Nov 2009 21:32 GMT
    ... you will run across this phrase: "exported inflation." We never hear the terms "imported deflation" ... a foreign country. Paper money leaves the United States. The person who receives this paper money ... it locally because, in her country, the U.S. dollar functions as an alternative currency to ...

  • What Is Money? Part 13: Exported Inflation 7 Nov 2009 22:14 GMT
    ... a foreign country. Paper money leaves the United States. The person who receives this paper money ... it locally because, in her country, the U.S. dollar functions as an alternative currency to ... its digital money supply. This is exported inflation. Because of millions of decisions, made mainly by ...

  • U.S. jobless rate surges to 10.2 percent 7 Nov 2009 01:36 GMT
    ... 2, 2009. REUTERS/Joe Skipper WASHINGTON - The U.S. jobless rate unexpectedly jumped to 10.2 percent ... a record 17.5 percent. Speaking at the White House, President Barack Obama said the administration was considering ... 10 percent unless we have an imminent inflation danger," said Keith Hembre, chief economist at ...

  • Importing Oil, Money Hurts U.S. 7 Nov 2009 05:30 GMT
    ... of each situation. Almost every year, the U.S. government spends far more than it takes ... U.S. is also creating more dollars — inflation — to help pay its bills? At some ... oil. The statistics are frightening. In the United States, we use 21 million barrels of oil ...

  • U.S. jobless rate at 26 year record 7 Nov 2009 18:40 GMT
    ... a record 17.5 percent. Speaking at the White House, President Barack Obama said the administration was considering ... instead on the moderation in payroll losses. U.S. Treasury debt prices rose as traders saw ... 10 percent unless we have an imminent inflation danger," said Keith Hembre, chief economist at ...

  • Global Leveraged Speculation Upsurge, Financial Crisis Not Over 7 Nov 2009 22:18 GMT
    ... re-flation has been underway since May. The inflation will manifest itself this coming year, as ... expand or hire. Which is why the White House is so unhappy. The only indicator that ... creditors, but surely the likes of the United States, Japan or Britain wouldn't. Well, it's still ...

  • WEEKAHEAD-The view from Reuters editors in the Americas 7 Nov 2009 02:50 GMT
    ... trip [nOBAMAASIA] include an analysis on the White House strategy on China [ID:nN03468552] and another on ... securities could struggle to find buyers as inflation fears build. In the foreign exchange market, ... new president takes office in January. The United States had brokered the deal but now appears ...

  • That '70s Crisis 7 Nov 2009 02:56 GMT
    ... a crisis. Radical political economists in the United States have termed the whole set of conditions ... along with low rates of unemployment and inflation. From the late 1940s to the early ... low-intensity warfare. Richard Nixon bowling at the White House Lanes. (Photo credit: The Ollie Atkins Collection, ...

  • Background Notes : Zambia (11/09) 7 Nov 2009 05:57 GMT
    ... Zambia maintains an embassy in the United States at 2419 Massachusetts Avenue, NW, Washington, DC ... among the country's various regions and ethnic groups. Kaunda tried to base government on his ... projected by the government). The rate of inflation dropped from 30% in 2000 to single-digit inflation ...

  • Voting With Their Portfolios 7 Nov 2009 11:37 GMT
    ... view as fiscal madness. Much of the U.S. electorate is worried about deficit spending, which has ... The county voted for John Kerry over George Bush in 2004, 53% to 45%. And they ... in one pocket being picked by government-induced inflation, and money in the other pocket being picked ...

  • What is the true value of the United States' gold?: The price isn't right, but it doesn't matter -- all that glitters won't be sold 7 Nov 2009 12:30 GMT
    ... on in 1973, two years after the United States scrapped the Bretton Woods System, which had ... like putting a price tag on the White House or the Statue of Liberty -- a ... Fed now has safer ways to create inflation, a revaluation and sale would come across ...

  • What is the true value of the United States' gold? 7 Nov 2009 12:35 GMT
    ... on in 1973, two years after the United States scrapped the Bretton Woods System, which had ... like putting a price tag on the White House or the Statue of Liberty -- a ... Fed now has safer ways to create inflation, a revaluation and sale would come across ...


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