LONDON (Reuters) - The Bank of England needs to balance upward pressures on inflation stemming from higher energy costs with downward pressures should the economic slowdown prove prolonged, according to policymaker Andrew Sentance. More »
LONDON (AFP) - European stock markets fell sharply on Friday as record high crude prices above 125 dollars per barrel hurt oil-exposed airlines and heightened concerns about inflation and rising costs, dealers said. More »
SHANGHAI (AFP) - Chinese Vice Premier Wang Qishan warned Friday global inflation posed a threat to China's speedy growth, saying high prices abroad had put the nation's economy under major pressure. More »
SHANGHAI (AFP) - Chinese Vice Premier Wang Qishan warned Friday global inflation posed a threat to China's speedy growth, saying high prices abroad constituted a major pressure for the nation's economy. More »
ATHENS (AFP) - European Central Bank chief Jean-Claude Trichet stressed again Thursday that inflation was a longer term problem for the 15-nation eurozone and said people should get used to higher energy prices. More »
NEW DELHI (AFP) - India's government on Thursday halted trading in futures contracts for key staple foods and for rubber as it battled to avoid an election drubbing due to high inflation. More »
LONDON (AFP) - The Bank of England on Thursday left its key interest rate unchanged at 5.0 percent, ruling out a back-to-back cut to help stimulate economic growth as inflation remains high amid surging oil prices, analysts said. More »
LONDON (Reuters) - The Bank of England kept interest rates at 5.0 percent on Thursday but analysts say a slowing economy will force it to cut borrowing costs next month, even though inflation is heading higher. More »
ATHENS (Reuters) - The European Central Bank kept benchmark interest rates unchanged at 4.0 percent on Thursday, as expected, as policymakers weigh the risk of high inflation against concerns about euro zone economic growth. More »
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