Tag Archive for Economics

Fed’s Lockhart: More Economic Weakness May Call for Fresh Action – WSJ

With the U.S. economic recovery threatened by an array of negative developments, the Federal Reserve may need to add additional stimulus to the economy, a key U.S. central bank official said Wednesday. “Should it become clear that something resembling my baseline scenario of continued, though modest, growth is no longer realistic, further monetary actions to…

Obama hopes dim with results of economic missteps – MarketWatch

…[Obama’s] failure to hold financial kingpins accountable for the crisis that spawned the Great Recession was inexcusable. And this failure was compounded by not mounting any significant financial reform but instead passing a Frankenstein bill that — besides not addressing many of the real problems — was unwieldy, unnecessarily complex, and unworkable. It was perhaps…