ECB, FED MOVES SHOW GLOBAL SHIFT AWAY FROM CHEAP MONEY

ECB, Fed moves show global shift away from cheap moneyTwo of the globe's most powerful central banks are gradually withdrawing the easy-money policies that helped repair the damage wrought by the Great Recession and push stock markets to record...

jamaica-gleaner.com (Date:06/15/2018 04:21) Read full article >>

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Recession: In economics, a recession is a business cycle contraction, It is a general slowdown in economic activity.Macroeconomic indicators such as GDP, employment, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate r
Great Recession: The Great Recession is a marked global economic decline that began in December 2007 and took a particularly sharp downward turn in September 2008. The active phase of the crisis, which manifested as a liquidity crisis, can be dated from August 7, 2007 when BNP Paribas terminated withdrawals from th