Daily Archives: September 16, 2009

Krishna Guha

Now the Treasury Department has increased pressure on the Fed’s untested techniques for exiting stimulus measures, should the Fed perform trial runs, asks Krishna Guha of the Financial Times Read more

Leaked Treasury documents show the UK Treasury is planning to cut departmental spending, contrary to Gordon Brown’s claims. It’s hugely politically embarassing, writes Chris Giles of the Financial Times, but all we’ve really learnt that is new is that the cuts will be a bit deeper than expected. Read more

US workers have suffered far more job losses than their European counterparts in this recession even though output has fallen further in Europe. It raises the intriguing possibility that Europe is now home to more flexible labour markets, writes Chris Giles of the Financial Times Read more

If US retail sales figures were driven by auto sales, what will happen when the various cash-for-clunkers programs stop? The dollar may be the world’s new carry currency and global stimulus measures may be worsening future cycles Read more

The British labour market is behaving remarkably well during this recession with unemployment rising much slower than in the 1990s. A slowing increase of unemployment adds to the favourable outlook. Is this a flexible labour market in action, asks Chris Giles of the Financial Times. Read more

Ralph Atkins

A speech from Jürgen Stark suggests the ECB exit will be gradual, and underlines that there will be no co-ordinaton between the withdrawal of fiscal and monetary stimulus measures, writes Ralph Atkins of the Financial Times Read more