Archive for March, 2012

Fed’s Kocherlakota Repeats Fed Doing What It Can For Jobs Market

by Forex Rooton March 31, 2012 10:44 pm GMT
Dow Jones News --Kocherlakota: Fed doing well on price stability goal --Kocherlakota's speech text repeats address given March 20 NEW YORK -(Dow Jones)- In a repeat of a recent speech, a U.S. central bank official said the Federal Reserve is doing the best it can to promote hiring. Citing the

Fed’s Lacker: Relationship Between Banks, Regulators Still Flawed

by Forex Rooton March 31, 2012 10:00 pm GMT
Dow Jones News (This article was originally published Thursday.) --Richmond Fed President Lacker said efforts to fix U.S. bank regulation haven't forestalled possibility of another crisis --Lacker says greater reliance needs to be put on allowing market forces to police risky behavior --Lacker says the Fed's current monetary

UK Conservative Party Loses Edge Over Rival On Economy: Poll

by Forex Rooton March 31, 2012 8:20 pm GMT
Dow Jones News LONDON -(Dow Jones)- The U.K.'s Conservative Party has lost almost all of the advantage it had over its main rival in terms of the credibility of its economic policy in the wake of the March 21 budget, according to an opinion poll released Saturday. The Conservatives

EU wants G20 to boost IMF funds after Eurogroup move

by Forex Rooton March 31, 2012 1:29 pm GMT
Sat Mar 31, 2012 9:29am EDT * EU to call on IMF members to implement 2010 quota reform * Will urge Japan, US to cut budget deficits in medium term* Will ask China to boost welfare policies, free yuanBy Jan StrupczewskiCOPENHAGEN, March 31 (Reuters) - The European Union expects leaders of the world's 20 biggest economies