Recession Archive
The British currency continued to suffer from its central bank monetary policies as interest rates remained unchanged in the country, suggesting that the recession will remain a reality in England for an extended period.A concerning budget deficit comb...
There is a pleasant myth of the business cycle. All of this - only the fluctuations around the underlying trend. Production during the boom was even higher sustainable level. During a recession, this figure was below the level. The budget …
Growth of the U.S. economy in the third quarter amounted to 3,5%. Volume incentive program of the U.S. government allowed the country's economy out of the very long and deep recession, with 30 years of the last century.GDP growth in …
The aussie dollar reversed recent losses yesterday after positive US GDP data encouraged investors to buy-back into perceived riskier currencies. - The aussie pulled back nearly two cents, or 1.0%, bringing the sterling/aussie pair back down to trade around 1.80 …
The dollar snapped four days of gains against the euro as the US economy returned to growth in the three months through September, officially exiting recession.- The US government's advance estimate showed gross domestic product grew at an annualised rate …
Sterling edged up against the aussie yesterday, benefiting from improved UK sales data, which supported claims that the UK economy is recovering. - On Monday evening, MPC member Adam Posen, following negative GDP data, stated that there were still signs …
According to the report of the Federal Reserve Bank of Chicago, the indicator of economic activity in the U.S. rose in September and overcame a critical point, which indicates a recession.Note that the index of national activity is calculated on …
In trading on Friday, the pound slipped back from two-week highs around the 1.8000 level against the aussie as a weak GDP figure dulled demand for the UK currency. - A report showed that the UK failed to exit the …
Sterling lost three cents (1.9%) to the dollar, as a weak UK quarterly GDP figure abruptly halted the pound's recent rally. - The greenback gained the most daily value against the pound in a month as the UK's economy unexpectedly …
In an uncertain day for the UK economy, the pound lost as much as 2.0% to the euro on Friday, sharply reversing its recent rally to close down at 1.0862. - Data revealed that the UK economy unexpectedly contracted by …
Bank of Canada today adopted a decision to leave the refinancing rate unchanged at 0.25%.The latest indicators show the beginning of the withdrawal of the world economy from deep recession. State of the world economy and the general trends in …
What does the financial crisis in the context of monetary policy? The answer may seem obvious. Central banks have responded to the stalling of interbank markets with massive injections of liquidity. When they ran out of room to maneuver with …
Sterling achieved a three-week high of 1.6297 against the dollar yesterday, supported by upbeat comments about the UK economy. - The pound jumped nearly three cents, or 1.8%, against the dollar on speculation that policy makers will pause their asset-purchase …
With the advent of a more precise plan of the Conservative Party of Great Britain and slightly more predictable state of the economy of this country, it becomes possible to make assumptions about the future situation. Our latest economic forecast, …
The pound slid for the third consecutive day against the single currency, losing 0.6% following a fall in industrial output, to close at 1.0812.- Sterling received an early boost yesterday morning as a Halifax survey revealed a further rise in …