TOKYO, Sept 19- Japan's economy is likely to rebound less than previously expected this quarter, while inflation will stay below the central bank's target well into the future, a Reuters poll showed, compounding worries about the sputtering recovery.» Read More
Some countries in Western Europe are bankrupt or are having serious liquidity problems and they should be allowed to restructure their debt, famous investor Jim Rogers told CNBC Tuesday.
The U.S. will have to follow Europe's economic lead and face up to its debt problems instead of just continuing with quantitative easing that will lead to a dollar decline, David Bloom, global head of foreign exchange strategy at HSBC, told CNBC Tuesday.
When you hear pundits spouting these canards, ignore them.
Interest rates are flat, TARP pays for itself and the Euro holds steady.
Economic growth will be subpar, the jobless rate drifts lower, deflation remains a concern, deficit reduction goes nowhere and heads roll in Washington.
Rating agency Standard & Poor's said it may downgrade Greece's long-term debt if new European bailout rules prove onerous to private holders of the country's bonds.
The premium investors demand to hold Belgian government bonds rather than benchmark German debt rose to its widest level since early 2009 on Monday as the country issued 2 billion euros of 2014, 2020 and 2035-dated bonds.
Sunspots are moving in direct correlation with activity in the markets and they are predicting a crisis in about three years, technical analyst Charles Nenner told CNBC Monday.
Belgium faces an important test Monday, when it aims to sell between 1.5 billion euros ($1.9 billion) and 2.5 billion euros worth of bonds in an auction that will indicate the level of investor confidence in the nation plagued by political turmoil and high levels of debt.
Fears of contagion from the euro zone crisis were running high Friday but correlations between markets suggested investors were not as afraid of a systemic crisis as they were back in May and June.
The world is on the brink of another financial crisis if the economic theories shaping today’s financial and public policy are not killed off, John Quiggin, author of "Zombie Economics: How Dead Ideas Still Walk Among Us," told CNBC Friday.
Greece needs to go through a period of deflation to return to competitiveness and ensure sustainable growth, John Sfakianakis, group chief economist at Banque Saudi Fransi, told CNBC Friday.
The US Congress should focus on a medium-term plan to cut government debt to dispel fears about the world's biggest economy, Olivier Blanchard, IMF chief economist, told CNBC Thursday.
The Federal Reserve will announce a new round of easing next week because it is “terrified” of deflation, Mohamed El-Erian, chief executive officer of PIMCO, told CNBC.
Much of the almost $1,000 billion on US non-financial company balance sheets is parked overseas and destined to stay there for use on foreign acquisitions. The Financial Times reports.
The Federal Reserve needs the help of fiscal and regulatory authorities if it is to help the US economy grow at a faster pace, Richard Fisher, President of the Federal Reserve Bank of Dallas, told CNBC Monday.
Charles Evans, president of the Chicago Fed, said that “in my opinion, much more policy accommodation is appropriate today.” The Financial Times reports.
The financial crisis has left behind a "slow disease" that is eating into financial markets, and this is obvious in stock prices and currencies, but less so in bonds for the moment, Mohamed El-Erian, CEO and co-chief investment officer of Pimco, told CNBC Tuesday.
Ireland has opened the door to a renegotiation with senior bondholders of its two nationalized banks despite previously opposing any such move. The FT reports.
The internet giant is using its vast database of web shopping data to construct the ‘Google Price Index’ – a daily measure of inflation. The Financial Times reports.