LONDON: A Bank of England policymaker who has been one of its biggest proponents of more bond buying said in an interview on Sunday that the bank could hold off from pumping more money into the economy if its new forward guidance plan works.
September 09, 2013
September 08, 2013
Euro Becoming Haven With Breakup a Memory on Economy: Currencies
The euro is becoming a haven for investors who just three years ago pushed the 17-nation currency union close to breakup.
September 07, 2013
The Global Inflation Wave: Waiting for Constantine?
Source: The Globalist
Alexander Mirtchev and Norman
Bailey,
In the wake of the global
economic crisis, the world is trying to chart an economic path to the future
and find a "new normal." As Alexander Mirtchev and Norman A. Bailey
explain in the first installment in their series "The Search for a New
Global Equilibrium," inflation as a factor of global economic security has
the innate capacity to upend carefully laid plans and further upset the
equilibrium.
ECB 'very cautious' about eurozone recovery
European Central Bank chief Mario Draghi on Thursday sought to temper hopes that the eurozone was about to rebound strongly, insisting that the nascent recovery remains extremely fragile.
September 06, 2013
Lunch hour in Italy serves up some sour economic lessons
ROME (Reuters) - Of all the statistics available on Italy and its varied economic problems, few are as eye-opening as the fact that at around 1 p.m on any given day, three quarters of the population will normally be sitting down to lunch in their own homes.
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