Archive for September 2nd, 2010

Euro-zone second-quarter GDP up unrevised 1%

[at MarketWatch] – Gross domestic product in the 16-nation euro zone grew 1% in the second quarter, the European Union statistics agency Eurostat reported Thursday. Compared to the second quarter of 2008, GDP grew by 1.9%.

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Two Fed officials say more easing won t help on jobs

[at Reuters] – * Plosser-Fed should act only if deflation threat turns real * On jobs, ball is in fiscal court, not Fed s-Fisher

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Euro-zone second-quarter GDP up unrevised 1%

[at MarketWatch] – Gross domestic product in the 16-nation euro zone grew 1% in the second quarter, the European Union statistics agency Eurostat reported Thursday. Compared to the second quarter of 2008, GDP grew by 1.9%.

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Two Fed officials say more easing won t help on jobs

[at Reuters] – * Plosser-Fed should act only if deflation threat turns real * On jobs, ball is in fiscal court, not Fed s-Fisher

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UPDATE – Kohn says Fed not automatically destined to ease

[at Reuters] – The Federal Reserve s decision to reinvest proceeds from maturing securities it holds is not an automatic precursor to further monetary easing, a top Fed official said on Wednesday.

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UPDATE – Kohn says Fed not automatically destined to ease

[at Reuters] – The Federal Reserve s decision to reinvest proceeds from maturing securities it holds is not an automatic precursor to further monetary easing, a top Fed official said on Wednesday.

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Fuld criticises Fed for letting Lehman fail

[at Financial Times] – Dick Fuld, the former chief executive of Lehman Brothers LEH, squared off against Federal Reserve officials and his former peers on Thursday as he argued that his investment bank could and should have been saved.

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Fuld criticises Fed for letting Lehman fail

[at Financial Times] – Dick Fuld, the former chief executive of Lehman Brothers LEH, squared off against Federal Reserve officials and his former peers on Thursday as he argued that his investment bank could and should have been saved.

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Wall Street Shouldn t Count On Future Bailouts: Fed s Kohn

[at CNBC] – The Fed s efforts to stabilize credit markets during the financial crisis didn t create a moral hazard where Wall Street can count on being bailed out, retiring Fed Vice Chairman Donald Kohn told CNBC.

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Wall Street Shouldn t Count On Future Bailouts: Fed s Kohn

[at CNBC] – The Fed s efforts to stabilize credit markets during the financial crisis didn t create a moral hazard where Wall Street can count on being bailed out, retiring Fed Vice Chairman Donald Kohn told CNBC.

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