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By Marlene Y. Satter, AdvisorOne |
April 30, 2012
A second Goldman Sachs candidate has entered the running to replace Bank of England Governor Mervyn King when he steps down in June 2013.
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By Marlene Y. Satter, AdvisorOne |
October 12, 2011
Despite a determined pursuit of austerity measures to bring down its deficit, the U.K. is experiencing its highest unemployment level in 15 years coupled with a recovery that the National Economic and Social Research Institute called the “weakest of any since the end of the First World War.”
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By John Sullivan, AdvisorOne |
August 25, 2011
One day before policymakers meet in Jackson Hole, Wyo. Federal Reserve Bank of Kansas City President Thomas Hoenig said there’s only so much the central bank can do to help the economy, and that the policy should pivot to focus on the country’s fiscal problems.