buy "additional agency mortgage-backed securities at a pace of $40bn (£25bn) per month".
Group items matching
in title, tags, annotations or url
1More
25More
BBC News - Federal Reserve to buy more debt to boost US economy - 0 views
-
-
nterest rates in the US have been close to zero for several years now, and the Fed again kept them at below 0.25% on Thursday.
-
quantitative easing
- ...7 more annotations...
-
"We doubt it will be enough to get the economy on the right track. It's only a matter of time before speculation begins as to when the Fed will raise its purchases from $40bn a month."
-
the central bank buys bonds to keep the long-term cost of borrowing down.
-
The unemployment rate in the US has been above 8% since January 2009, but the current 8.1% is down from the recent high of 10% in October 2009.
-
US presidential election.
-
Ben Bernanke also lowered the Fed's growth forecast for the US economy to 2% this year, down from the 2.4% it predicted in June
-
"The committee is concerned that, without further policy accommodation, economic growth might not be strong enough to generate sustained improvement in labour market conditions,
-
Federal Reserve to buy more debt to boost US economy
5More
Fed unveils new bond-buying program - Taipei Times - 1 views
- ...2 more annotations...
-
The jobless rate would still be in the 6.7 to 7.3 percent at the end of 2014, while inflation would remain at or below the Fed’s 2 percent target through 2015
11More
BBC News - India inflation rate rises faster than expected - 0 views
- ...7 more annotations...
-
The fundamentals don't justify a rate cut at this point of time because the inflationary expectations are still quite high.
-
The quantitative easing in the US is also likely to push up global commodity prices and add to inflation
BBC News - Obama urges economic fairness in State of the Union - 0 views
BBC News - Japan's economy grows 1.5%, rebounding after quake - 0 views
BBC News - Japan's exports decline for first time in three months - 2 views
9More
2 Wind Farms, 433MW of Vestas, Suzlon Turbines for RSA - 1 views
-
The South African government awarded preferred bidders contracts to develop seven large-scale wind power projects on May 21, the latest step forward in its strategic plan to diversify its energy base through the production of clean, renewable energy.
-
Wind power project awards make up 562.5 MW out of a total 1,043.9 MW of renewable energy capacity the South Africa's Dept. of Energy awarded.
-
Denmark's Vestas and India's Suzlon are among the wind turbine manufacturers who will play a big part in helping South Africa realize its renewable energy
- ...6 more annotations...
-
Suzlon has been chosen by South Africa's Exxaro Resources and India's largest power utility, Tata Power Co. Ltd. as the preferred supplier for their Cennergi joint venture's 138MW South African wind farm.
-
Terms that still need to be finalized call for Suzlon to deliver 66 of its S97-2.1MW wind turbines for the project, part of a full engineering, procurement and construction (EPC) agreement. If all goes well, construction of the Cennergi wind farm is expected to begin in early 2013.
-
Vestas came out a big winner as a result of the second-round contract awards. The world's second-largest wind turbine manufacturer has been selected as the supplier to five South African wind energy projects with a combined capacity of 297MW:
-
West Coast 1, 94 MW, Developer: GDF Suez/IPR SA Tsitsikamma, 95.33 MW, Developer: Cennergi (Pty) Ltd. Grahamstown, 24.60 MW, Developer: EDF EN France Grassridge, 61.50 MW, Developer: EDF EN France Chaba, 21.53 MW, Developer: EDF EN France
-
Vestas has now been chosen as the preferred supplier of wind turbines for 36% of the wind power contracts- totaling 435.1MW- awarded by the South African government to date.
3More
FICCI wants government to end monopoly of Coal India - Economic Times - 1 views
6More
Europe's (olive) oil crisis (2) - 4 views
-
10-year low as domestic consumption in the top producing southern European countries has fallen because of the economic crisis.
- ...2 more annotations...
-
The price of premium-quality extra virgin olive oil in the wholesale market fell this month to $2,900 a tonne, the lowest since 2002 and down more than half from nearly $6,000 a tonne in 2005, according to the International Monetary Fund.
16More
Union Jack brings boom for British business - CNN.com - 1 views
-
-
flag isn't licensed, anyone can print their own patriotic paraphernalia without having to pay any royalties.
- ...12 more annotations...
-
Prince William's wedding to Catherine Middleton last year to the Queen's Diamond Jubilee this weekend
-
most companies are cutting staff, Waistle plans to recruit a full-time tech specialist to help with the pick
-
Peering up at 147, 12 foot-high flags adorning London's shopping district, Brenda Tode shows off her new Union Jack top to classmates on a school trip from Berlin.
-
-
Big business has long been aware of the economic benefits the nation's symbol of unity can bring. More than a decade ago British Airways and Virgin Atlantic fought over the use of the country's colors on their livery.
15More
Unemployment tipped to rise in May | News.com.au - 0 views
-
An AAP survey of 15 economists shows a median expectation for unemployment to rise to 5.1 per cent in May
- ...12 more annotations...
-
two exceptionally strong months of jobs growth, which just doesn't gel with all the anecdotes we've been hearing about layoff
-
"We still think the labor market is quite strong and an unemployment rate of 5.1 per cent is close to the definition of full employment.
2More
Coca-Cola cuts prices, Pepsi may follow suit - Economic Times - 1 views
1More
China cuts interest rates - 1 views
-
-macroeconomics -Monetary Policy - China's central bank decided to decrease interest rates -however, the lending rate is still much higher than that in USA, Europe and Japan. -recently China decreased the reserved ratio as well. -Eurozone crisis - decrease in demand for exports - damaging to Chinese economy -previously, China raised interest rates to decrease inflation --> however led to a slowdown in economics growth
10More
BBC News - China cuts key interest rates to boost growth - 0 views
-
attempt to boost its slowing growth
-
higher rates to savers and lower rates to borrowers.
-
more competition
- ...3 more annotations...
-
slowdown around the world
3More
Oil increases to highest level since 2008 - CNN.com - 0 views
13More
BBC News - London 2012: Olympic VIP tickets still to sell - 1 views
-
-
-
- ...9 more annotations...
-
-
-
-
With the start of London 2012 now little more than two months away, Prestige Ticketing has decided to change its sales strategy in order to try to offload the remaining supply.
16More
Spain unemployment hits record high - Europe - Al Jazeera English - 0 views
-
unemployment
-
jobless rate of 24.4 per cent in first quarter,
-
"BBB "
- ...5 more annotations...
-
The figures are terrible for everyone and terrible for the government
-
economy to shrink
-
fiscal
-
S&P predicts the Spanish economy will shrink by 1.5 per cent this year, having previously forecasted growth of 0.3 per cen
-
It added that Spain's commercial banks are increasingly leaning to official sources for funds as they struggle to deal with piles of bad loans, especially in real estate.
26More
BBC News - Australia cuts interest rates in a bid to boost growth - 0 views
-
The bank cut its key rate to 3.5% from 3.75%.
- ...14 more annotations...
-
At the same time, domestic demand has also been stagnant despite efforts to spur consumption.
-
There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
-
There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
-
There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
-
There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
-
There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
-
In China, one of the biggest markets for Australian commodity exports, both the manufacturing and non-manufacturing sectors have seen the pace of growth slow in May, raising concerns about a slowdown in its economy.
-
Meanwhile there have been fears about the recovery in the US economy losing its pace after it reported weaker-than-expected jobs data for May.
-
accommodative stance
-
The country's housing market has seen prices fall and continues to remain subdued despite earlier cuts to the cost of borrowing