Daily Archives: October 5, 2009

Ralph Atkins

Trichet is widening his vocabulary on the euro, writes Ralph Atkins of the Financial Times 

“Well run” emerging economies will be encouraged to hold less in foreign reserves with the IMF acting as a giant insurer, under a new proposal. Unemployment is set to break through 10 per cent in the US, and stay there for quite some time 

Mure Dickie

The BoJ balance sheet expansion moves announced in the aftermath of the Lehman Shock are correctly billed as more about financial sector stability than economic stimulus. Expectations are growing that they will be allowed to expire in December, given that fears of a credit crunch have faded.