by | Nov 23, 2010 | Towing
Wholesale turkey prices are currently hovering around $1.09 per pound, the highest they’ve ever reached. Several factors are behind the record, but perhaps the biggest one comes from Washington, in the form of Federal Reserve monetary policy.
Continue reading Record-High Turkey Prices Are Just the Beginning
Record-High Turkey Prices Are Just the Beginning originally appeared on DailyFinance on Tue, 23 Nov 2010 17:40:00.
Filed Under: Economy, Retail, Video
by | Nov 23, 2010 | Towing
In its latest meeting minutes, the Fed said it now expects the U.S. economy to grow more weakly in both 2010 and 2011, with as many as six years needed to return unemployment to normal levels of 5% to 6%.
Conti…
by | Nov 21, 2010 | Towing
As if the Irish debt crisis weren’t enough, investors are worried once again about rising inflation in China. But officials in Beijing are quietly building an impressive record of economic management, and some analysts are conv…
by | Nov 20, 2010 | Towing
When the economic gurus at the Fed move the levers of U.S. monetary policy, they do so with two often-conflicting goals in mind: promoting maximum employment and keeping prices stable. Many critics are now arguing that that Fed…
by | Nov 19, 2010 | Towing
China increased reserve requirements at banks in a bid to control inflation and head off a potential credit bubble.
State-owned banks must set aside an extra 0.5% of deposits as reserves, starting Nov. 29. That means some lenders could be setting asi…