Economy
Bank of Japan's Loan Program May Resound More With Government Than Economy The Bank of Japan’s decision to
double the size of a liquidity program for banks may prove more
effective in placating the government than stemming deflation.
Bernanke Says Fed Shouldn't Be Relegated to `Too Big to Fail' Regulator Federal Reserve Chairman Ben S.
Bernanke said the central bank shouldn’t be relegated to the
role of regulating only the largest financial firms, as proposed
by a draft bill in the Senate.
Greece Keeps IMF Option Alive as Merkel Urges Caution on European Bailout Greek Prime Minister George
Papandreou kept alive the possibility of requesting
International Monetary Fund aid as German Chancellor Angela
Merkel cautioned against “hasty” decisions on European Union
assistance for the country.
Producer Prices in U.S. Fall More Than Forecast on Decline in Fuel Costs Wholesale prices in the U.S. fell
in February more than anticipated, led by a drop in fuel costs
and signaling there are few inflation pressures building in the
early stages of the economic recovery.
Stanley Fischer Appointed to Serve Second Term as Bank of Israel Governor Stanley Fischer, who helped steer
Israel’s economy back to growth amid the worst global recession
since World War II, will serve a second term as central bank
governor.
Fed Officials Signal Recovery Isn't Strong Enough to Warrant Higher Rates Federal Reserve officials signaled
the U.S. recovery isn’t strong enough to stoke inflation, reduce
unemployment quickly or justify an end to record-low interest
rates.
BOE Unanimously Held Bond Plan as Concerns on Inflation Risks Heightened Bank of England policy makers
unanimously kept their 200 billion-pound ($304 billion) bond-
purchase program on hold for a second month in March as some
officials argued that inflation risks have increased.
Christie Calls `Non-Negotiable' Plan to Let New Jersey Tax Increases Lapse New Jersey Governor Chris Christie
said his plan not to renew a business-tax increase or an income-
tax surcharge on residents earning $400,000 a year or more is
“completely non-negotiable.”
Chile to Cut Solar and Wind Subsidies, Shift Cash to Rebuild After Quake Chile’s government plans to limit
subsidies for renewable-energy projects and shift funding to
reconstruction efforts after an 8.8-magnitude earthquake damaged
the power grid last month, the energy minister said.
European Construction Declines Most in More Than a Year; Wage Growth Slows European construction output fell
the most in more than a year in January, led by declines in
Germany and Spain.
Fed Officials Signal Recovery Isn't Strong Enough to Warrant Higher Rates Federal Reserve officials signaled
the U.S. recovery isn’t strong enough to stoke inflation, reduce
unemployment quickly or justify an end to record-low interest
rates.
Bernanke Says Fed Shouldn't Be Relegated to `Too Big to Fail' Regulator Federal Reserve Chairman Ben S.
Bernanke said the central bank shouldn’t be relegated to the
role of regulating only the largest financial firms, as proposed
by a draft bill in the Senate.
Fed Officials May Set Sights on Avoiding Low U.S. Inflation in Exit Debate Douglass Henry, chief executive
officer of Henry Molded Products in Lebanon, Pennsylvania, used
to worry about inflation because a jump in energy prices could
drive up production costs.
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