The monetary policy committee sets the official base rate of interest for the economy. They have been given an inflation target of 2% and their job is to set interest rates to meet the inflation targe...
Read more
Globalization: As anxiety rises about a looming recession, one way to head it off is through free trade. Long a bulwark against recession, the U.S. has four free trade pacts waiting to help. Why is...
Read more
Two days before Thanksgiving the Senate had a 22-second session, a fleeting moment in the life of an occasionally droning body but plenty of time for majority Democrats to keep President Bush from ...
Read more
The unemployment rate leaps to a two-year high, record numbers of people are forced from their homes and Wall Street nose-dives again. Such is the fallout from a housing meltdown that threatens to ...
Read more
New York (dpa) - US stocks fell Friday as investors feared
declining profits at a credit card firm and slower sales at a luxury
jeweller signaled weakening spending among hi...
Read more
Former U.S. Federal Reserve Chairman Alan Greenspan told a Tokyo seminar on Thursday that he does not think economic slowdown in his country is "probable," toning down his earlier warning over a re...
Read more
The chief executive of UPS Inc. said Wednesday that the country is at increased risk of falling into a recession and it's not clear when the economy will rebound.CEO Scott Davis, who took the helm ...
Read more
High winds toppled a flagpole onto a kindergartner during recess at an elementary school Monday, killing the girl, a school spokeswoman said.The accident happened in an interior courtyard at Roosev...
Read more
Frankfurt (dpa) - European shares fell sharply Monday as fears
grew that the giant US economy was tittering on the edge of
recession.
Stocks on European bours...
Read more
Frankfurt (dpa) - Renewed fears of a world recession combined with
concerns about mounting bank losses have hit global bourses again
with European shares falling in early tr...
Read more
The Effectiveness of Using Monetary Policy Alone on Economic Recession
Recession Antidote
