Bank of Canada governor Mark Carney said Friday the slowdown in the U.S. recovery is of “some concern” to the central bank and whatever unfolds will have a “significant” impact on this country’s economy.
In an interview with U.S. business network CNBC, he said the low level of U.S inflation — due to a debt overhang [...]
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U.S. recovery slowdown a ‘concern’: Carney
November 16th, 2010 by Financial Writer
Tags: au, bank, banking, ben, borrow, borrowing, business, business network, Canada, central bank, China, crisis, Debt, economic, economic growth, economy, fed, Federal Reserve, financial, financial crisis, financial markets, financial reform, glo, Global Financial, home sales, household, households, housing, increase, inflation, marketplace, monetary, rate, recession, retail sales, sales, united states, us
more...Geithner says need to cut budget deficit
December 3rd, 2009 by Financial Writer
Treasury Secretary Timothy Geithner on Thursday said it was vital to get U.S. budget deficits down in order to spur private-sector growth that creates jobs and predicted it will begin happening in 2011.
But first the financial system must be stabilized.
“You cannot address those long-term deficits, you cannot put the government of the United States in [...]
Tags: budget deficit, business network, financial system, geithner, small businesses