As uncertainty surrounds the world’s largest economy, investors are awaiting the outcome of the Federal Reserve’s policy meeting today. The US Fed is set to announce its decision on interest rates and other stimulus measures. Interest rates in the world’s largest economy have stood at the low level...
Posted to
Finance
on 08-10-2010
Filed under: All Financial News, Economy News, quantitative easing, interest rates, Federal Reserve, US, Ben Bernanke, unemployment, housing market, fears, recovery, investors, stimulus measures, monetary policy, await, outcome, double-dip” recession
US Federal Reserve chairman, Ben Bernanke, has said the outlook for the world’s largest economy remains “unusually uncertain”. The US housing market, in particular, has experienced a double-dip in activity after the expiration of a Government incentive. Furthermore, higher unemployment and...
Posted to
Finance
on 07-22-2010
Filed under: All Financial News, Economy News, Federal Reserve, action, unemployment, manufacturing, housing market, deflation, growth, boost, monetary policy, double-dip" recession, "unusually uncertain"
Bank of England policymaker, Andrew Sentance, today said the Bank of England’s Monetary Policy Committee (MPC) faces some “interesting debates” in the latter half of 2010 as high inflation persists.
The latest official data shows that British annual consumer price inflation (CPI) reached a 17-month high...
Posted to
Finance
on 06-13-2010
Filed under: All Financial News, Economy News, inflation, interest rates, Bank of England, high, MPC, target, Andrew Sentance, monetary policy, policymaker, benchmark, persist
There are fears that the debt crisis in the euro zone could hit the global economy but Australia believes its economy will be unaffected.
According to the Reserve Bank of Australia (RBA) governor, Glenn Stevens, the country’s strong trade connections with East Asia means it will be relatively unaffected...
Posted to
Finance
on 06-09-2010
Filed under: All Financial News, euro zone, Economy News, recession, Debt News, warning, IMF, global, International Monetary Fund, monitor, hit, avoid, Asia, debt crisis, monetary policy, Reserve Bank of Australia, Glenn Stevens, trade links