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UN says world economy will only grow by 1.8 percent

posted by Piplicious 1472 days ago in Fundamental made popular 1467 days ago

United Nations says economy is 'teetering on brink' of severe downturn

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Economic data look mild, but feeling is gloomy

posted by Piplicious 1479 days ago in USD, Fundamental made popular 1475 days ago

House prices are falling, food and energy prices are rising and consumers are gloomier than they’ve been in decades. But the latest data on the U.S. economy shows it still has a feeble pulse

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Fed likely to prefer lending over interest-rate cuts

posted by Piplicious 1483 days ago in USD, Inflation made popular 1482 days ago

The Federal Reserve's decision Friday to lend more to banks may be a sign that policy makers want to avoid cutting interest rates any further, as they combat a credit crisis that is far from over.

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Bank of England Fears Financial Meltdown

posted by Piplicious 1486 days ago in GBP made popular 1485 days ago

The Bank of England has warned that banks' fears of a financial meltdown may become a self-fulfilling prophecy. Banks previously over-willing to lend are now too reluctant, even with credit-worthy borrowers, it suggests.

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Buffett says recession may be worse than feared

posted by Piplicious 1487 days ago in USD, Fundamental made popular 1486 days ago

Warren Buffett, the world's richest person, said the U.S. economy is in a recession that will be more severe than most people expect.

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Peter Hooper on the Economic Outlook

posted by Piplicious 1489 days ago in USD, Fundamental, Special made popular 1489 days ago

The speaker at our UCSD Economics Roundtable this week was Peter Hooper, chief economist for Deutsche Bank Securities. Here is a brief summary of his thoughts about the U.S. economic outlook.

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