Hints and tips:
...The market reaction came after the Federal Open Market Committee voted unanimously to leave rates unchanged at a 23-year high of 5.25 per cent to 5.5 per cent....
...Can he work the same magic for Shari Redstone, Puck asks....
...Joseph Simons, the chairman of the Federal Trade Commission, has pledged “vigorous” antitrust enforcement, including hearings later this year on competition and consumer protection....
...Liberty has petitioned the Federal Communications Commission for approval to take control of Sirius....
...Four-fifths of the money, which must be claimed by January, is targeted to assist mortgage borrowers, with $5bn to go to state and federal government coffers....
...The Federal Reserve’s stress test assumed a 9.1 per cent loan loss rate in its most adverse scenario. The European stress tests are more assumption-strewn hotchpotch....
...Or as Paul Volcker, the former Federal Reserve chairman who heads the advisory board, bluntly put it: “We cannot have so much consumption.” Additional reporting by Sarah O’Connor...
...But if credit markets were working well, the opportunities for credit easing (which is premised on abnormal liquidity and spreads) would be limited and the Fed would shift emphasis to focus on the risk-free...
...But it could take years for households to repair their balance sheets....
...Jim Reid, credit strategist at Deutsche Bank, believes higher levels are here to stay this year, in spite of actions from the main central banks, the US Federal Reserve, the European Central Bank and the...
...union of the crowns, which it is happy to continue....
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