Economy
Bank of Japan's Loan Program May Resound More With Government Than Economy The Bank of Japan’s decision to
double the size of a liquidity program for banks may prove more
effective in placating the government than stemming deflation.
Bernanke Says Fed Shouldn't Be Relegated to `Too Big to Fail' Regulator Federal Reserve Chairman Ben S.
Bernanke said the central bank shouldn’t be relegated to the
role of regulating only the largest financial firms, as proposed
by a draft bill in the Senate.
Germany Seeks IMF Role for Greece in Reversal, CDU Lawmaker Meister Says Greece should turn to the
International Monetary Fund if it needs aid, the chief finance
spokesman for German Chancellor Angela Merkel’s party said, in a
reversal that signals a rift with European leaders Jean-Claude
Trichet, Jean-Claude Juncker and Nicolas Sarkozy.
BRICs Rally Slows as Highest Valuations Since 1995 Undermine Record Flows The combination of record mutual
fund inflows and the fastest economic growth are failing to lift
shares in the largest developing nations with valuations at the
highest level versus advanced countries since at least 1995.
Brazil Keeps Key Interest Rate at Record-Low 8.75%, Signals April Increase Brazil’s central bank kept its
benchmark interest rate at a record low 8.75 percent today in a
less-than-unanimous decision, signaling that borrowing costs may
rise as soon as next month.
Fisher Says U.S. Fed `Well Aware of Risks' From Low Interest-Rate Policy Federal Reserve Bank of Dallas
President Richard Fisher said policy makers are “well aware of
the risks” that may result from their low interest-rate policy
and yet aren’t ready to alter their stance.
Indonesia's 10-Year Bonds to Decline as Inflation Picks Up, Mandiri Says Investors should sell Indonesia’s
10-year government bonds to guard against a possible pickup in
inflation, according to PT Mandiri Sekuritas, a unit of the
nation’s largest lender.
Fischer Tries to Withdraw Stimulus in Second Term Without Stalling Rebound Bank of Israel Governor Stanley
Fischer, who helped steer Israel out of recession, will seek to
sustain growth in his next term while raising interest rates and
halting foreign-currency purchases.
Conservatives Attack Brown on Deficit After BOE Makes Bond-Yield Comment Britain’s main opposition
Conservative Party seized on comments by the Bank of England to
attack the government’s handling of the public finances in the
latest effort to win over voters by showing which party has the
most credible economic policies.
Zapatero's Campaign to Avoid Greek Deficit Fate Hobbled by Spanish Regions Prime Minister Jose Luis Rodriguez
Zapatero’s drive to show Spain can avoid Greece’s fate is being
held hostage by the country’s regional governments.
Fed Officials Signal Recovery Isn't Strong Enough to Warrant Higher Rates Federal Reserve officials signaled
the U.S. recovery isn’t strong enough to stoke inflation, reduce
unemployment quickly or justify an end to record-low interest
rates.
Bernanke Says Fed Shouldn't Be Relegated to `Too Big to Fail' Regulator Federal Reserve Chairman Ben S.
Bernanke said the central bank shouldn’t be relegated to the
role of regulating only the largest financial firms, as proposed
by a draft bill in the Senate.
Fed Officials May Set Sights on Avoiding Low U.S. Inflation in Exit Debate Douglass Henry, chief executive
officer of Henry Molded Products in Lebanon, Pennsylvania, used
to worry about inflation because a jump in energy prices could
drive up production costs.
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