The world economy faces a long, hard slog toward recovery and could slide into deflation and financial instability if leaders fail to deliver on promises of reform, top policy markers said on Friday.
At a conference in Calgary, White House special adviser Paul Volcker warned it would likely take years for the American economy to [...]
Posts Tagged ‘policymakers’
Carney, Volcker see long haul to recovery
November 20th, 2010 by Financial Writer
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more...Bipartisan budget group says deficit curbs needed
December 14th, 2009 by Financial Writer
A bipartisan group of former lawmakers and budget officials called on Congress and President Barack Obama Monday to commit to reining in trillion-dollar plus budget deficits to avoid dragging down the economy.
Policymakers must take steps next year to enact policies to stabilize the debt at 60 percent of the size of the economy to avoid [...]
Tags: barack obama, bipartisan, lawmakers, policymakers, us economy