British GDP growth
Britain’s Calamitous Economy and A Cautionary Tale
July 25, 2012
According to the Cameron government’s first estimate, British real GDP contracted for a third straight period in the second quarter and at an intensifying annualized rate of 2.7%. That drop was twice as rapid as the pace sustained from October 2011 to March of this year and depressed on-year growth to negative 0.8% from four-quarter […] More
Attention on FOMC and Davos
January 25, 2012
The annual World Economic Forum in Davos opens today with a speech from German Chancellor Merkel. A PSI agreement between Greece and holders of its debt still hasn’t been reached. The FOMC releases its policy statement at 17:30 GMT. This will be followed by forecasts including the interest rate expectations of individual members, and Fed […] More
