Published on July 31, 2010 by Technology Slice
Gross Domestic Product Growth Slows In U.S. – The nation’s gross domestic product grew at an annualized rate of 2.4% in the second quarter, falling from an upwardly revised 3.7% expansion in the first three months of the year, the Commerce Department said Friday. While many economists had expected growth to moderate, the reported decline [...]
Tags: American Economy, Chief Economist, Commerce Department, Consumer Spending, Corporate America, Economy Businesses, Fades, Finite Period, First Three Months, Gross Domestic Product, Housing Market, Inventories, Mark Vitner, Months Of The Year, New Computers, Paul Ashworth, Slowdown, Stimulus, Trade Deficit, Wells Fargo
Posted in Money
Published on May 7, 2010 by Technology Slice
Faster Growth And Price Hikes – The Reserve Bank forecasts the national economy to grow at a faster than expected pace over the next two years, with prices also expected to rise faster than previous estimates. The bank says the reduced fiscal stimulus, a possible surge in commodity prices and a construction boom could accelerate [...]
Tags: Commodity Prices, Construction Boom, Estimates, Fiscal Stimulus, Gdp, Gdp Growth, Gross Domestic Product, Index Cpi, Inflation Forecasts, Monetary Policy, National Economy, Pace, Price Hikes, Price Index, Quarterly Statement
Posted in Money
Published on May 3, 2010 by Technology Slice
Greece Agrees to $30 Billion Deal – Greece has agreed a package of austerity measures under which it aims to cut its budget deficit by 30 billion euros over three years on top of measures already agreed, Finance Minister George Papaconstantinou said on Sunday. Under the deal with the European Union and International Monetary Fund [...]
Tags: Athens, Austerity Measures, Budget Deficit, Collapse, European Union, Euros, Finance Minister, Fiscal Consolidation, Fuel Alcohol, Gdp, Greece, Gross Domestic Product, International Monetary Fund, International Monetary Fund Imf, News Conference, Pensions, Public Sector Salaries, Tobacco Taxes, Vat
Posted in Money, Politics
Published on February 16, 2010 by Technology Slice
European finance ministers are prepared to impose deeper deficit cuts on Greece and refused to say how they would make good on a pledge to rescue the nation if it can’t finance its debt. The ministers from the 16 nations that use the euro told Greek authorities to ready more deficit measures by March 16, [...]
Tags: Brussels, Budget Gap, Budget Goals, Commitments, European Commission, European Finance Ministers, European Leaders, European Union, Finance Minister, Gap, Greece, Greek Authorities, Gross Domestic Product, Guarantees, Jean Claude Juncker, Luxembourg, Measures, Pledge, Pledges, Year End
Posted in Money
Published on February 16, 2010 by Technology Slice
The board of the Reserve Bank of Australia (RBA) was well aware financial markets were punting on another lift in the official interest rate this month, but decided to go against the grain because the economic outlook had improved. The decision on February 2 shocked the markets and economists, the overwhelming majority of which had [...]
Tags: australians, Bank Of Australia, Board Meeting, Economic Outlook, Economists, economy, February 2, Financial Markets, Gdp, Gross Domestic Product, Households, Inflation, Interest Rate, Market Participants, Monetary Policy, Overwhelming Majority, Quarterly Statement, Rate Hikes, Reserve Bank Of Australia, Reserve Bank Of Australia Rba
Posted in Money
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