Recession
NBER - US 'recession' may already have peaked
ARTICLE - In a letter to the editor of the Financial Times in London, Martin Feldstein, President of the National Bureau of Economic Research in the US says that even if a recession occurs it will be a long time before it becomes official.
Argentina's new measures to combat recession
ARGENTINA - Argentina is preparing to implement it's latest package of measures aimed at wresting the country out of a three-year recession and staving off a potential debt default.
Speech by Fed chairman Alan Greenspan
SPEECH - Federal Reserve chairman Alan Greenspan gave a speech on 24 May at the Economic Club of New York. In it he assesses the US economy's recent performance and speculates on the future.
New data poses US rate cut dilemma
US - For the fourth time this year the US central bank, the Federal Reserve, has to decide by just how much it will cut interest rates.
UK poised for rate reduction
UK - The Bank of England faces pressure to cut interest rates tomorrow, May 9, as it begins its monthly two day meeting.