Weber fears broad-based rise in German inflation
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Bundesbank president Axel Weber was quoted in a newspaper interview on Sunday expressing his concerns about inflationary pressures in Germany and his fears the annual price rise may hit 3 percent by the end of the year.
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The weekend decision by the Reserve Bank of India to drain banks' surplus funds to contain inflation may be a warning that demand pressures are building up in a fast-growing economy.
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The euro jumps to an all time high against the dollar as signs of declining business confidence in Germany increases fears about European competitiveness.
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European Central Bank President Jean-Claude Trichet expressed concern Monday about the growing strength of the euro, saying a rally that sent the shared currency to an all-time high of US$1.
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Widespread German price increases, including those of butter and electricity, are starting to weigh heavily on consumer confidence, a monthly poll by the GfK institute showed Friday.
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Business & money: Bank could step in to tackle fresh inflation fears.
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Business leaders in Germany appeared wary about the outlook for the eurozone's biggest economy, as the German government insisted that the current recovery would continue, even if surging oil prices would brake growth slightly.
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German consumer sentiment was shaken this month by the turmoil on financial markets caused by the US subprime crisis, a poll showed on Wednesday, reflecting fears that the country&#39;s economic honeymoon may end.
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WASHINGTON -- Continuing concerns about inflation underpin the Federal Reserve's stand against changes in interest rates.
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BASEL, Switzerland  - Central banks around the world should raise interest rates further to curb inflation pressures, the Bank for International Settlements said on Sunday.
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Surging oil prices and the runaway strength of the euro, currently at an all-time high around 1.32 dollars, are undermining industrial confidence in Germany, a key survey showed.
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There are a number of risks to the inflationary outlook, European Central Bank President Jean-Claude Trichet said on Tuesday in remarks that signaled the ECB is likely to keep to its slight bias toward eventually raising interest rates.
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The Bank of France has warned that globalization could aggravate inflationary pressures that would justify greater vigilance on monetary policies.
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Spring appeared to be in the air for the German economy on Wednesday, with data showing inflation tame, despite the VAT sales tax rise, and unemployment unusually lower in February.
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German business confidence is tumbling amid mounting fears about the impact of the euro&#39;s rise against the dollar, according to the closely-watched Ifo economic institute survey.
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MUNICH, Germany : Surging oil prices are weighing on business sentiment in Germany, the eurozone&#39;s biggest economy, a new poll showed.
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Germany's economy could be seriously damaged by further increases in oil prices, the central Bundesbank said Monday.