Word: feds
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...short-term interest rates for the 13th time since January 2001 to guard against a corrosive bout of deflation, like the one Japan has endured for nearly a decade. Wage pressures and deflation "obviously go together," says Laurence Meyer, an economist and a former member of the Fed's board of governors. "When there is slackness in the economy, it puts downward pressure on wages that then passes through to the price of goods and services...
...members aren’t the only ones fed up with GESO’s tactics. Many of its own members removed themselves from the membership list, stating that the GESO leadership is deaf to feedback from the general membership. Is this the group Yale graduate students want to represent them? Clearly...
...must look behind, look at corporate profits, which were better than expected last quarter, and at consumer confidence, which roared back in April. Fed Chairman Alan Greenspan told Congress that with the war won, "the economy is positioned to expand at a noticeably better pace." How to take advantage? Buy cyclical stocks, lighten up on bonds, and buy shares of foreign firms that do lots of business in the U.S. or are in high-growth countries in Asia outside Japan. You may be early; move slowly over the next few months. You won't risk too much too quickly...
Building a one-length lead by the midway point, Harvard fed on the energy of its “engine room?...
When President Bush started gearing up his war machine a year ago, you heard a lot of gallows humor in the coffee shops of the Middle East. Arabs were fed up with the Israeli-Palestinian conflict and had no stomach for another war in Iraq...