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>> INTEREST RATES Latest News

JUL 14, 2013 - Business Insider

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Spiking Gas Prices Have Joined Spiking Interest Rates As The Newest Threat To The Recovery

There was sparse monthly data reported in the last week. Consumer credit increased. Producer prices increased sharply due to the increase in oil prices in June. Consumer sentiment about the present increased. Consumer sentiment about the future, an element of the LEI, decreased even more. The big story among the high frequency weekly indicators continued to be the spike in the price of Oil, so let's start with that: Oil prices and usage Oil $105.95 up +$2.73 w/w   Gas $3.49 down -$0.01 w/w   Usage 4 week average YoY up +2.4% The price of Oil increased further again ... Read More

Tags: Spiking Gas Prices Have Joined Spiking Interest Rates As The Newest Threat To The Recovery,  Interest Rates Latest News