Stocks Flat After Beige Book And GDP As Markets Await Bernanke And Jackson Hole

MAKE MONEY BLOG$~As markets await the Jackson Hole speech forclues as to where Bernanke will take monetary policy, the Federal Reserve released its Beige Book for July and early August which showed “economic activity continued to expand gradually.” 

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China's inflation slowed in the lowest level of 15 months?

BEIJING. China's inflation slowed in the lowest level in 15 months.Today, the National Bureau of Statistics reported that consumer prices in December rose 4.1% over the previous year. Inflation rate is also slower than the previous month rose 4.2%.

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India's Economy Grows 7.7%?

NEW DELHI -- The Indian economy grew at a steady pace in the April-June quarter due to strong expansion in services output, raising expectations that the Reserve Bank of India will continue tightening monetary policy to restrain inflation.

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China Data Show Inflation Threat Easing?

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By AARON BACK

BEIJING—China's official Purchasing Managers Index fell to 52.9 in April from 53.4 in March, likely assuaging concerns somewhat that overheating and inflation pressures will require further tightening measures by Chinese policymakers.

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