Hints and tips:
...“To expect that the next move might be a cut is not crazy,” said Joe Gagnon, a former Fed official who is now at the Peterson Institute for International Economics....
...“In past episodes, in the 1990s, we did have insurance cuts by the Fed,” Richard Clarida, the Fed vice-chairman, told CNBC earlier this month....
...Partly as a result of what it laid out, Mr Bush ended his term with the lowest approval ratings since Richard Nixon. What policy business still needs to be done?...
...put this cost in perspective, $240bn is considerably larger than China’s trade surplus of $183bn last year and is about 4 per cent of China’s GDP in 2010,” according to a paper by the institute’s Joseph Gagnon...
...said Mr Gagnon....
...A hard core of hawks on the Federal Open Market Committee – Thomas Hoenig of the Kansas City Fed, Richard Fisher of Dallas, Jeffrey Lacker of Richmond and Charles Plosser of Philadelphia – believes the risks...
...“Sheikh Mohamed can afford to set a trend,” says Ms Gagnon. But on ecological sustainability, the region is more of a laggard....
International Edition