News
Market Watch | Bank of Japan holds steady, raises economic view
The Bank of Japan on Tuesday maintained its policy interest-rate range, as widely expected, and was more upbeat in its overall economic assessment — though its policy board is keeping a wary eye on developments in Europe and the U.S.
Bloomberg | China Money Supply Growth, New Lending Rebound Even After Cooling Measures
New loans were 633.9 billion yuan ($98 billion), compared with the 622.5 billion yuan median estimate in a Bloomberg News survey of economists. M2, the broadest measure of money supply, rose by a more-than-forecast 15.9 percent, and foreign-exchange reserves climbed to $3.2 trillion.
Fox Business | Fed Officials See Slower Economic Recovery
Some Federal Reserve officials are ready to provide more monetary policy easing if the recovery is too sluggish to cut the lofty U.S. unemployment rate and if inflation eases as expected, minutes of their June meeting released on Tuesday show.
Econ Comments
Minyanville | Fed Can Manipulate Markets, But Can't Reverse Economy
We cannot cure the problem of too much borrowing and spending by borrowing more and spending more.
