This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/SB10001424052748703382904575059543284356382
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://blogs.wsj.com/economics/2009/10/28/qa-economist-woodford-on-fed-and-rate-expectations/
The depth and breadth of the global recession has required a highly accommodative monetary policy. Since the onset of the financial crisis nearly two years ago, the Federal Reserve has reduced the interest-rate target for overnight lending between banks (the federal-funds rate) nearly to zero. We have also greatly expanded the size of the Fed’s balance sheet through purchases of longer-term securi
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/SB122999959052129273
Speaking at the World Economic Forum in Davos, former U.S. President Bill Clinton said he favored creation of a "bad bank" (though he hates the name) to buy up bad assets and speed the economy back to recovery. WEF video courtesy of Fora.tv. John Lipsky, first deputy managing director of the International Monetary Fund, listens during a session at Davos. ILLUSTRATION: Landov The IMF isn't in dange
SHANGHAI -- China's exports and imports both fell for the second consecutive month in December, with an accelerated contraction in trade offering a bleak outlook for the world's fourth-largest economy and highlighting the need for Beijing to rely more on potent fiscal stimuli. The weak trade data, especially that of imports, showed China isn't just suffering from a global economic slowdown but als
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/SB120569598608739825
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