Tag Archive for Absence

In the Euro Zone, a Lethal Vacuum — Economic View – NYTimes.com

AS problems mount in the euro zone, it’s increasingly evident that we’ve been witnessing an institutional failure of monumental proportions. … The continuing crisis has sapped confidence in banks not only in Greece, but also in Spain, Italy, Portugal and Ireland, though to varying degrees.  Unless there are explicit guarantees to these banks soon, the…

Plosser Says Rates Should Rise Before 2014 FOMC Target Date

Philly Fed President Charles Plosser said in a speech in San Diego: “You may know that I dissented from the FOMC decisions in August and September because it was not clear to me that increasing monetary policy accommodation was appropriate then. After all, inflation was higher and unemployment was lower relative to the previous year,…

London shares rise on upbeat US economic news

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