Investors received another sign Friday that the U.S. economy is continuing to heal: The 2010 U.S. budget deficit came in at a smaller-than-predicted $1.29 trillion. Though it was still the second-highest deficit on record, the …
The minutes of the FOMC’s September meeting show more quantitative easing may be needed “before long,” but the bankers delayed any moves while waiting for more data.
Continue reading An Anxious Fed Decided to G…
The International Monetary Fund cut its forecast for world economic growth, saying that the economic recovery will slow as governments cut their budgets.
The IMF cut its outlook for the U.S. economy to 2.2% growth in 2011, from a previous estimate of…
Asian economies will grow by 8.2% in 2010, according to a new report.
“Strong export recovery, robust private demand, and the sustained effects of stimulus policies allowed the region to experience solid growth in the first half of 2010,” The Asian Development Bank said. “This improved performance is broad-based and is projected to carry on for the rest of the year.”
The bank…
Continue reading Asian Economies to Grow by 8.2% in 2010
Asian Economies to Grow by 8.2% in 2010 originally appeared on DailyFinance on Tue, 28 Sep 2010 08:29:00.
Filed Under: Economy, Investing, Currency, Market News
The recent stream of modestly positive economic news means the Fed probably won’t take any further action to stimulate the economy at its upcoming meeting. But nobody is calling the economy healthy yet.
Continu…