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Last updated: 21:08:51 Thursday Oct 8, 2009


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  • Bernanke sees tighter policies as economy heals
    WASHINGTON (Reuters) - The U.S. Federal Reserve must continue measures to prop up the economy for an extended period but can't do so indefinitely for fear of triggering an inflationary surge, Federal Reserve Chairman Ben Bernanke warned on Thursday.   Nations:Australia   People:Ben Bernanke Christopher Dodd   Activities:2008 U.S. Recession   2009-10-08

    Bank of England maintains record-low interest rate
    LONDON (AFP) - The Bank of England kept its key interest rate at a record low 0.5 percent on Thursday and held to credit-easing plans while waiting to see if the economy builds on signs of recovery from recession.   Nations:Australia Turkey   Source:(AFP)   2009-10-08

    EU banks 'sufficiently capitalised': presidency
    GOTHENBURG, Sweden (AFP) - Stress tests on 22 banks in the crisis-hit EU have shown the lenders are "sufficiently capitalised," the bloc's Swedish presidency said on Thursday.   Nations:Sweden   Activities:Global Financial Crisis   Source:(AFP)   2009-10-01

    Eurozone private sector lending almost stalls: ECB
    FRANKFURT (AFP) - Eurozone private sector lending has nearly stalled, the European Central Bank warned on Friday, posing a threat to what is likely to be a weak recovery from the 16-nation bloc's first recession.   Nations:Germany   Activities:2008 EU Recession   2009-09-25

    ECB, Bank of England hold interest rates steady
    FRANKFURT (AFP) - European Central Bank president Jean-Claude Trichet voiced confidence Thursday about the prospects for an economic recovery as the ECB and Bank of England kept key interest rates at all-time lows.   Activities:2008 U.K. Recession   2009-08-06

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