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In India, a total of 697 commodities data on price level is tracked through WPI which is an indicator of movement in prices of commodities in all trade and transactions. It is also the price index which is available on a weekly basis with the shortest possible time lag only two weeks. [17] Base year to calculate WPI is 2011-2012=100
The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...
The Reserve Bank is currently governed by the Reserve Bank Act 1959. [4] Section 10(2), commonly referred to as the Bank's charter, states that Bank's duty is "to ensure that the monetary and banking policy of the Bank is directed to the greatest advantage of the people of Australia" to be achieved by exercising its powers "to contribute to:
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. The milder inflation figures arrive ...
The result means annual inflation rate is now at its lowest level since December 2021, while quarterly inflation was 0.6%, down from 1.2% in September. Inflation further cools in Australia as ...
A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year. Friday’s report ...
The inflation surge and aggressive Federal Reserve response caused widespread concern among economists and market analysts that a U.S. recession would imminently result. As the Federal Reserve sharply increased the fed funds rate to combat the inflation surge, the longest and deepest Treasury inverted yield curve in history began in July 2022 ...
The US Federal Reserve decision to adopt the short term interest rate as its primary control of inflation led to growing research interest into the topic of the neutral rate of interest. Using macroeconomic models , the neutral rate of interest can be defined as that rate of interest where the IS curve intersects with the potential output line ...