Fed Officials Said Recovery Insufficient to Alter QE2
Federal Reserve policy makers said that improvements in the economy didn’t meet the threshold for scaling back their plans to purchase $ 600 billion in bonds.
BusinessWeek.com — Finance
Federal Reserve policy makers said that improvements in the economy didn’t meet the threshold for scaling back their plans to purchase $ 600 billion in bonds.
BusinessWeek.com — Finance
Japanese Finance Minister Yoshihiko Noda renewed his warning to take “bold” action against the yen’s advance if needed, a sign of concern among policy makers about the currency’s climb slowing the recovery.
BusinessWeek.com — Finance
European officials voiced divisions over the steps needed to stop the sovereign debt crisis as Germany opposes increasing the 750 billion-euro ($ 1 trillion) bailout fund and the introduction of join European bonds.
BusinessWeek.com — Finance
Federal Reserve policy makers disagreed over expanding record monetary stimulus this month, with a majority seeing a boost to growth and employment and a minority concerned about risks to inflation and the dollar.
BusinessWeek.com — Finance