Inflation pressures appear to be building in the U.S. economy, a prospect that is heightening anxiety about potentially higher borrowing rates that could slow economic growth. The latest source of concern was a report on Wednesday that showed a key measure of inflation rising in January by the sharpest rate in a year. The increase was led by higher prices for clothing, housing and auto insurance.
Capital Economics, a leading macroeconomic research company has announced the imminent opening of an office in New York. The office will be led by the firm’s Chief Emerging Markets Economist, Neil Shearing, who is relocating to the US from London.
Economic research company Capital Economics has won the 2012 Wolfson Economics Prize, which is the second biggest prize in economics after the Nobel Prize.
Brazil Wednesday central bank decision to raise interest rates by 50bps to 11.75% was widely expected but significant for two reasons, according to a report from Capital Economics .