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Even If the Fed Cuts, the Days of Ultralow Rates Are Over By Hardika Singh Amid the debate over whether and when the Federal Reserve cuts interest rates, another important argument is...
So you can view this as kind of a long coming victory for the governing council's hawks the since the policy statement no longer contains this reference to widening stimulus in case the economy worsened so that is of course an end to what they call the easing bias or this bias towards quantitative easing now that's also a sign of course that the e.c.b. is slowly showing stimulus to the door at a time where the eurozone is enjoying sustained recovery and now the stimulus actually tends to reduce the currency values tends to depress them so the news of this statement immediately boosted the euro...
afghan plans to attack libyan forces. libya's new leaders have given gadhafi loyalists to surrender on saturday or face more force. this is the third time mubarak is in court. he faces charges as well as his two sons faces charges on corruption. the storm swept across the country in japan with record rainfall causing land slides and flooding. 56 others are still unaccounted for. a shark killed a body border on the west coast on sunday. the beach has been closed since the attack in australia. it is the first fatal shark attack in australia since february. those are the top stori...