Bank may echo US warnings over future rise in ratesThe Bank of England is poised to follow the US by warning high street banks of the new risks they face from future rises in interest rates and the current upheaval in the bond markets.Deputy Bank of England governor Paul Tucker has admitted that UK authorities [...]
There is about a 30% chance that the U.S. economy is about to start growing rapidly, with unemployment declining by a percentage point or two each year. There is about a 40% chance that we are about to start a recovery like or a little bit better than …
First, the good news. This morning’s release of the government’s initial estimate of fourth-quarter GDP is a blow-out number: +5.7%. That’s the highest annualized quarterly real (inflation-adjusted) rise in GDP since 2003 and it’s also up sharp…
Project Syndicate – America’s Employment Dilemma: BERKELEY – There are always two paths to boost employment in the short term. The first path is to boost demand for goods and services, and then sit back and watch employment rise as businesses hire …
Project Syndicate – America’s Employment Dilemma: BERKELEY – There are always two paths to boost employment in the short term. The first path is to boost demand for goods and services, and then sit back and watch employment rise as businesses hire …
Andrew Sentance hinted today that the UK central bank will tighten policy, saying that while current conditions persist, it “will be difficult for the MPC to keep inflation on target”.
“Through [...]
VAT rise and big freeze blamed for slump in sales defying economists’ forecasts of continuing recovery, according to survey of high-street spendingHarsh winter weather and a rise in VAT deterred shoppers from spending on the high street in January, prompting sales to fall at their fastest pace since last summer, according to a survey of [...]
Rising inflation has made an rate rise even more likely at next week’s central bank meeting. Expectations are about 0.25 percentage point, which would take the cash rate to 4 [...]
Poland’s central bank held the benchmark seven-day reference rate at 3.5 per cent for the seventh month, as expected. The Bank noted risks for the global recovery as central banks [...]
Statement from The National Campaign to Prevent Teen and Unplanned Pregnancy
WASHINGTON, Jan. 26 /PRNewswire-USNewswire/ — The nation’s teen pregnancy rate rose 3% in 2006, according to a report released today by the Guttmacher Institute. The increase…