Posted by Reuters: Business News on January 11, 2012
BRUSSELS (Reuters) – A new EU fiscal treaty will only allow euro zone countries to incur budget deficits during severe economic downturns in the euro zone or other exceptional events, according to a draft of the document obtained by Reuters on Wednesday.
Posted by Reuters: Business News on December 2, 2011
DALLAS/PHILADELPHIA (Reuters) – The Federal Reserve and other central banks must not succumb to calls for additional help from monetary authorities in the face of high budget deficits, two top Fed officials said on Friday.
Posted by Reuters: Business News on August 24, 2011
WASHINGTON (Reuters) – A sweeping budget deal and lower interest rates will slice projected U.S. budget deficits nearly in half over the next 10 years, but the economy will remain sluggish in the near term, the nonpartisan Congressional Budget Office reported on Wednesday.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stocks rose on Wednesday after the Congressional Budget Office offered an upbeat forecast on the worrisome budget deficits and data showed a strong reading on durable goods orders.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stocks erased initial losses and turned positive on Wednesday after the Congressional Budget Office said the recent budget deal will slice projected budget deficits nearly in half over the next 10 years.
Posted by Reuters: Business News on August 7, 2011
FRANKFURT/WASHINGTON (Reuters) – Finance chiefs from the world’s industrial powers pledged on Sunday to take whatever actions were needed to steady financial markets, spooked by the political wrangling in Europe and the United States over slashing their huge budget deficits.
Posted by Reuters: Business News on July 28, 2011
WASHINGTON (Reuters) – U.S. lawmakers are eyeing a popular tax deduction for mortgage interest as they look for ways to fill record budget deficits, although any changes are likely to await a broad reworking of the tax code.
Posted by Reuters: Business News on June 17, 2011
SAO PAULO (Reuters) – The International Monetary Fund cut its forecast for U.S. economic growth on Friday and warned Washington and debt-ridden European countries that they are “playing with fire” unless they take immediate steps to reduce their budget deficits.
Posted by Reuters: Business News on January 28, 2011
WASHINGTON (Reuters) – The United States and Japan received sharp warnings from the IMF and ratings agencies on Thursday that they must tackle their huge budget deficits to avoid investors dumping…
Posted by Reuters: Business News on January 27, 2011
WASHINGTON (Reuters) – The United States and Japan received sharp warnings from the IMF and ratings agencies on Thursday that they must tackle their huge budget deficits to avoid investors dumping…
