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inflation and oecd - All News and Analysis

• OECD Sees Fed, ECB Rates on Hold Into Late 2010

  ReutersUK - 2009-11-19

  PARIS (Reuters UK) - The world's key central banks will not need to start raising policy interest rates until late 2010 due to low inflation and economic slack, and can then proceed gradually, the OECD said in a report published on Thursday.The Organisation for Economic Co-operation and Development said it...

  Tags: OECD, Federal Reserve Board, Monetary Policy, Consolidation, Interest Rate, Liquidity, Inflation, Policy Interest Rate, *Non-oil Commodity Price, Overnight Rate

• 2ND LD: OECD voices inflation concern amid food, energy price hikes

  - 2008-06-09

  PARIS, June 5 Kyodo (EDS: RECASTING WIH CHAIR'S SUMMARY) Economic ministers from the 30-member Organization for Economic Cooperation and Development wrapped up their two-day meeting Thursday with a chair's summary voicing concern over inflation stemming from food and energy price hikes. ''Ministers were concerned...

  Tags: chair, FINANCE, food, inflation, Manufacturing, minister, OECD, Taxes

• Eurozone set for record 3.4 percent inflation in 2008: OECD

  - 2008-06-04

  PARIS AFP — Inflation in the eurozone this year will surge to its highest level since the creation of the euro in 1999, with economic growth also set to drop amid high oil and food prices, the OECD said Wednesday. In its twice annual survey of its 30 member...

  Tags: FINANCE, inflation, OECD

• Editorial after the storm?

  - 2008-06-01

  Several quarters of weak growth lie ahead for most OECD economies. At the same time, headline inflation could remain high for some time to come. This scenario is the combined outcome of financial market turmoil, cooling housing markets and sharply higher commodity prices. The projections in this OECD Economic Outlook...

  Tags: FINANCE, financial, inflation, OECD

• Chapter 1: General assessment of the macroeconomic situation

  - 2008-06-01

  Overview Growth is slowing in response to strong headwinds The odds are improving that financial market turmoil has passed its peak. Still, its fallout will continue to act as a brake on growth for considerable time to come. Other headwinds causing the on-going slowdown in activity in the...

  Tags: asset, bank, FINANCE, financial, inflation, investment, Japan, OECD, tax, U.S.

• United States

  - 2008-06-01

  The economy is facing strong headwinds, which are exerting a sizeable drag on activity. The financial crisis is resulting in a credit squeeze, declining house prices are putting pressure on household wealth and the sharp increase in commodity prices is eroding workers' disposable incomes. The response of macroeconomic policy will...

  Tags: financial, income, inflation, investment, OECD

• Japan

  - 2008-06-01

  Although output growth is slowing somewhat, wage gains and a rebound in housing investment should help sustain the expansion in 2008, and growth is projected to pick up during 2009. While headline inflation has risen to about 1% as a result of soaring import prices, underlying inflation is around zero...

  Tags: FINANCE, inflation, investment, Japan, OECD, salary

• Euro Area

  - 2008-06-01

  The economic expansion is likely to moderate during 2008, with a trough in the second quarter. Output growth is being slowed by tighter financial conditions, higher inflation and weaker housing market activity. Growth is expected to drop below potential this year, before picking-up slowly through 2009 as financial headwinds dissipate...

  Tags: FINANCE, financial, inflation, OECD

• France

  - 2008-06-01

  After picking up in the first quarter, activity is thought to be softening already in the second quarter and is projected to remain weak in the rest of 2008 and early 2009. The slowdown should help limit further increases in wages and prices, in the face of recent food and...

  Tags: food, inflation, OECD, salary

• Italy

  - 2008-06-01

  Economic activity seems to have stalled since the first half of 2007. The weakening external environment and knock-on effects from tighter credit conditions will constrain growth to below its potential rate of around 1 1/4 per cent this year, while unemployment may rise again. The recent surge in consumer price...

  Tags: FINANCE, financial, inflation, investment, Italy, OECD