Australia has given a cause to cheer for the Western economies by becoming the maiden country to increase the key interest rate since the world got engulfed in the financial crisis that started two years ago. The Reserve Bank of Australia (RBA) raised the
tags: australia, canada, china, coal, commodities, commodities-rich, debts, economic recovery, economy, gdp,
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reserve bank of australia (rba),
uk,
united kingdom,
us [+]
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The dollar was relatively flat against major currencies on Monday at the beginning of what is expected to be a quiet week of thin trading.
tags: british pound, currencies, dollar, economic recovery, euro, federal reserve, flat, greenback, interest rates, marc chandler,
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iron ore,
lng,
minerals,
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nyse,
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rba,
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reserve bank of australia (rba),
uk,
united kingdom,
uspound,
trading [+]
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The nation's unemployment rate fell in June, though hiring by the private sector remained soft, according to a government report Friday. The figures suggest the economic recovery is moving forward this summer, but with weak momentum in the job market.
tags: 9.5 percent unemployment, 9.5% unemployment rate, census bureau jobs, census jobs, economic recovery, jobless claims, jobs report, labor department report
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In complete contrast to Ireland, our cousins in the UK and USA had the ability to pump enormous amounts of liquidity into their financial systems to help kick start their economies.
tags: distressed property, economic recovery, house price statistics, market activity, torcana, uk housing markets
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Thomas Hoenig of the Federal Reserve insists that keeping interest rates low could be detrimental to economic recovery
tags: economic recovery, federal reserve, foreclosures, interest rates, thomas hoenig, us central bank
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Just when you think it may be a good time to start spending money again, here come the economists and tell you we are just getting started.
tags: economic recovery, economists, economy, financial crisis
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U.S. stocks advanced on Wednesday on rising expectations the Federal Reserve will move to prop up the economic recovery, and industrial stocks rose after upbeat economic data from China.
tags: economic recovery, superior equity group, us stocks
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