The Federal Reserve’s chief attorney said a two-year delay in identifying recipients of emergency loans from the central bank is appropriate and that a shorter lag may harm the financial system and U.S. economy.
BusinessWeek.com — Finance
The U.S. said China has made “insufficient” progress on letting the yuan rise and urged quicker appreciation, without branding the world’s fastest- growing major economy a currency manipulator.
BusinessWeek.com — Finance
The European Central Bank may step up its inflation fight as up to a third of its Governing Council is replaced this year.
BusinessWeek.com — Finance
China’s manufacturing growth accelerated for the first time in four months, easing concern that monetary tightening may lead to a sharp slowdown in the world’s second-biggest economy.
BusinessWeek.com — Finance
Manufacturing in the Philadelphia region expanded in February at the fastest pace in seven years, underscoring factories’ contribution to the economic expansion.
BusinessWeek.com — Finance
Australia faces accelerating inflation as shipments of coal and other resources to China drive growth, requiring the central bank to increase interest rates to contain prices, according to Canberra-based Access Economics.
BusinessWeek.com — Finance
Manufacturing in the New York region accelerated in January, propelled by gains in orders and sales that signal factories will keep contributing to the expansion.
BusinessWeek.com — Finance
Manufacturing in the U.S. probably grew in December at the fastest pace in seven months, reinforcing signs the expansion gained momentum at the end of 2010, economists said before a report today.
BusinessWeek.com — Finance
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