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Federal Reserve Bank of St. Louis President James Bullard said he doesn't expect a U.S. economic recovery to falter or central bankers to make errors in their policy on inflation. "We are going to have just the right policy to get the right inflation rate," Bullard said Thursday.
By Tetsushi Kajimoto
July 9 (Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said he doesn’t expect a U.S. economic recovery to falter or central bankers to make errors in their policy on inflation.
By Tetsushi Kajimoto
July 9 (Bloomberg) -- Private-equity deals, which plunged this year amid the recession, are likely to pick up over the next nine months as sellers accept their reduced value, said Charles Giancarlo , managing partner at buyout firm Silver Lake.
The Philippines’ economy will contract this year for the first time in 11 years, the World Bank predicted Thursday, cutting its 2009 growth forecast for the country to minus 0.5 percent.
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09 July 2009 Office space rentals in Saudi Arabia are the lowest among peer Gulf Co-operation Council (GCC) cities due to the relatively poor office sector fundamentals but current yields are on the higher side, says a research report.
PITTSBURGH — In an unofficial opening to the earnings season, Alcoa Inc. reported another quarterly loss but beat Wall Street expectations and said some markets for the metal may be stabilizing.
The slow climb out of the worst recession since World War 2 will need solid support from government policies, the International Monetary Fund said, as world leaders meeting in Italy fretted the recovery will not come fast enough.
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