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Fed seen launching fresh stimulus, details in question
Sep 13th, 2012
WASHINGTON (Reuters) - The U.S. Federal Reserve appears set to launch a third round of unconventional monetary stimulus on Thursday while signaling that a weak U.S. economy may warrant ultra-low interest rates for at least another three years. Not everyone believes the Fed will embark on another bond- buying spree, and plenty of doubts remain about the likely efficacy of such a move. But Fed Chairman Ben Bernanke has made clear the central bank will not sit idly by while unemployment, currently at 8.1 percent, remains so far above levels consistent with a healthy economic recovery. ... (Source: Reuters) -
By Ryan Vlastelica NEW YORK (Reuters) - Stock markets around the world edged higher on Tuesday amid signs of improving growth, even as uncertainties concerning monetary policy limited gains. The Dow and S&P 500 were at all-time highs while the dollar rose and gold fell. The euro was slightly higher, though a slowdown in British inflation sent s... [Full Article]
By Tetsushi Kajimoto and Kaori Kaneko TOKYO (Reuters) - Japan's economy grew faster than expected in January-March, expanding at its quickest pace in a year on the back of solid private consumption and a rise in exports spurred by Prime Minister Shinzo Abe's aggressive monetary and fiscal stimulus. Thursday's Cabinet office data show... [Full Article]
Doctors who treated Angelina Jolie are giving details of the operations the actress had to remove both breasts and reconstruct them with implants. (Source: Associated Press)... [Full Article]
By Jason Lange WASHINGTON (Reuters) - The U.S. economy showed worrisome signs as jobless claims rose sharply last week while ground-breaking at home construction sites tumbled in April and a gauge of underlying inflation pointed to weak demand. The data could fuel fears over the impact of a government austerity drive that began in January, and coul... [Full Article]
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