Posted by Reuters: Business News on January 11, 2012
LAKE FOREST, Illinois (Reuters) – The Federal Reserve should stick to its super-easy monetary policy to fight unemployment and spur a “painstakingly slow” economic recovery, even if doing so pushes inflation temporarily higher, a top Fed official said on Wednesday.
Posted by Reuters: Business News on January 8, 2012
BERLIN (Reuters) – The German and French leaders meet on Monday to discuss ways to boost growth in euro zone states struggling to overcome the sovereign debt crisis and rising unemployment, and finalise a deal to increase fiscal coordination within the currency union.
Posted by Reuters: Business News on November 11, 2011
FORT BLISS, Texas (Reuters) – Defending the Federal Reserve on the turf of his harshest critics, central bank chief Ben Bernanke on Thursday said the Fed was “intently” focused on lowering unemployment and warned that strains from Europe could trigger global economic shocks.
Posted by Reuters: Business News on November 3, 2011
WASHINGTON (Reuters) – The Federal Reserve on Wednesday slashed its forecast for growth, raised projections for unemployment and said it was mulling the possibility of buying more mortgage debt to spur a struggling recovery.
Posted by Reuters: Business News on November 2, 2011
WASHINGTON (Reuters) – The Federal Reserve on Wednesday slashed its forecast for growth, raised projections for unemployment and said it was mulling the possibility of buying more mortgage debt to spur a struggling recovery.
Posted by Reuters: Business News on
WASHINGTON (Reuters) – The Federal Reserve on Wednesday slashed its forecast for economic growth, raised projections for unemployment, and suggested Europe’s debt crisis posed big downside risks to the U.S. economy.
Posted by Reuters: Business News on October 17, 2011
NEW YORK (Reuters) – General Electric Co Chief Executive Jeff Immelt said that restoring confidence in the U.S. economy is the first step to starting a recovery and tackling the nation’s stubbornly high unemployment.
Posted by Reuters: Business News on September 26, 2011
WASHINGTON (Reuters) – Expanded Federal Reserve efforts to boost tepid growth and cut high unemployment are justified as broken housing markets and depleted household wealth act as a brake on the recovery, a top Fed official said on Monday.
Posted by Reuters: Business News on September 16, 2011
DALIAN, China (Reuters) – Europe and the United States could face 10 years of slow growth and high unemployment if a global solution for the euro zone debt crisis is not implemented soon, former British Prime Minister Gordon Brown said on Friday.
Posted by Reuters: Business News on September 8, 2011
MINNEAPOLIS (Reuters) – Federal Reserve Chairman Ben Bernanke said on Thursday the U.S. central bank would spare no effort to boost disappointingly weak growth and reduce unemployment, while downplaying concerns about inflation.
