WASHINGTON - Ben Bernanke's juggling act seems to become more challenging by the day. The Federal Reserve chairman has been taking extraordinary steps to prevent credit, financial and housing problems from driving the country into a deep recession. At the same time, he faces the danger that the very tonic that's supposed to brace the sickly economy could bring about another dangerous ailment-- inflation. And rare divisions have surfaced among Bernanke and his central bank colleagues about just how aggressive the Fed should be in lowering interest...
We're in a One-and-a-Half Dip Recession
Yahoo Daily News
Yahoo Daily News
We're not in a double-dip recession yet. We're in a one and a half dip recession. Consumer confidence is down. Retail sales are down. Home sales are down. Permits for single-family starts are down. The average...
Double-Dip Recession Does Not Mean Deflation
Newsvine
Newsvine
NIA has consistently said that the U.S. economic recovery is phony. With...
Wary Consumers Help Keep Inflation Down
National Public Radio
National Public Radio
Consumer prices fell for the third straight month, providing some bargains to American shoppers. TThe Consumer Price Index, the government's most closely watch inflation barometer, dipped 0.1 percent in June, the Labor...
A one-and-a-half dip recession?
The Christian Science Monitor
The Christian Science Monitor
We’re not in a double-dip recession yet. We’re in a one and a half dip recession. Robert Reich Robert is Professor of Public Policy at the University of California at Berkeley. He has served in three national...
Wholesale level inflation falls for third month
MSNBC
MSNBC
WASHINGTON — Inflation at the wholesale level fell for a third straight month in June, providing further evidence that a deep recession has, for the moment, banished inflation. The Labor Department said early...
ADB: China may need rate hikes to avoid inflation
Fresno Bee
Fresno Bee
- Associated Press Writer Share thefresnobee_994:/2010/07/19/2011976/adb-china-may-need-rate-hikes.html E-Mail Print Text Size: tool name...
Arizona remains in top ranks for foreclosures
The Business Review
The Business Review
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