Japanese lessons on ill-timed fiscal tightening
Double-dip recessions are rare. Is the current growth scare different? Sushil Wadhwani warns against delaying policy action, which cost Japan dear
Japan finance minister fails to curb yen
The Japanese yen hit another 15-year high on Wednesday despite fresh comments from the Japanese finance minister about the possibility of currency intervention
Worries about German banks stalk euro
The single currency suffers after the German Banking Association says the country's 10 biggest lenders may need another €105bn of additional capital
Quantitative easing fears dent sterling
Sterling failed to benefit from the upturn in risk appetite that was sparked by better-than-expected US and Chinese economic data last week
FxPro eyes Aim listing
Cyprus-based foreign exchange broker aimed at retail investors expected to announce its intention to float on London junior market
ECB steps up bond purchases
The European Central Bank has stepped in to shore up the eurozone government bond markets in what appears to be its biggest such intervention since early July. The ECB has [...]
A quick thought on the next Fed meeting
At the next FOMC meeting on Sept 21st the committee will have to update its economic forecasts.
A quick look at the June forecasts makes clear that, at least for 2010, [...]
Canada raises rates 25bp; overnight rate now 1%
The Bank of Canada has raised the target for its overnight rate 25bp to 1 per cent, and its bank rate to 1.25 per cent, in spite of a rather [...]
Economics news headlines
FX intervention day? - FT Alphaville
The stimulus that dare not speak its name - Money Supply
Effect of yen intervention on RMB discussions - Money Supply
EU go ahead for regulatory shake-up [...]
Quaden hints at bond bubble
The bond markets might be overdoing it a bit at the moment, Guy Quaden has acknowledged. Asked whether bondholders were wrong to fear deflation, the ECB governing council member told [...]
Pakistan: Is Kardar the right man for the job?
How far will Pakistan’s ruling elite, tainted with past allegations of corruption and profligate spending, give way to a credible new central bank governor who may really discipline the country’s [...]
Tucker’s ton
A minor milestone occurs today. Paul Tucker, deputy governor for financial stability, is starting his 100th Monetary Policy Committee meeting. As someone who is regularly touted as a future Bank [...]
You’ve seen yuan intervention, you’ve seen yen all
Washington returning to work after August and the Labor Day holiday, and some chatter about the prospect that currency intervention by Tokyo will complicate the diplomatic drive to get Beijing [...]
The stimulus that dare not speak its name
By the end of this week it looks like President Obama will have proposed a $180bn economic package - $100bn on R&D tax credits, $50bn on infrastructure spending, $30bn on [...]
Tighter or looser next for the Bank of England?
Back from holiday and nothing has happened which materially changes the British economic outlook. At its August meeting the vast majority of the Monetary Policy Committee (eight out of nine) [...]