The more urgent issue is what to do with a $45 billion-a-month program known as Operation Twist, in which the central bank is buying long-term Treasury securities and funding the purchases with sales.
Posted in Fundamental Updates Tagged Crisis, Debt, Debt Ceiling, Economy, Eurozone, Forex News, Leading Indicator, Macroeconomic Trends
Eurozone finance ministers will make another attempt on Monday … to settle differences over debt relief measures for Athens and give a green light to disburse up to €44bn of aid. more funds to Gree
Posted in Fundamental Updates Tagged Crisis, Economy, Expert Commentaries, Forex News
The economic value of that is taken to be whatever the government paid for it, and thereby adds directly to GDP.In the present situation, there is a tremendous amount of real work that needs to be …
Posted in Fundamental Updates Tagged Eurozone, Inflation, Leading Indicator, Unemployment
The euro area (EA17) seasonally-adjusted unemployment rate was 11.6% in September 2012, up from 11.5% in
August. The EU27 unemployment rate was 10.6% in September 2012, stable compared with August….