Global Monetary Relief from Asia

The ECB and BOE have shown their intent with their recent aggressive balance sheet expansions and the Fed is trying hard to keep the door open for more QE even as the data in the US continues to defy the general global slowdown.

In Asia however sticky inflation in India, a desire to nail . . . → Read More: Global Monetary Relief from Asia

CBO Nonsense

From the CBO Director’s blog:

Many factors are responsible for the rise in unemployment in general and in long-term unemployment:

-Weak demand for goods and services, as a result of the recession and its aftermath, which results in weak demand for workers;

The better question is: what is causing weak demand? Could it be . . . → Read More: CBO Nonsense

Economic Development in Paris

The Paris Region Economic Development Agency (PREDA) has been promoting economic growth and entreprenurship in the capital of France for over a decade by helping to create and retain jobs in the Paris region, making the area more attractive to businesses, and helping businesses adjust to a constantly changing economic environment.  Their . . . → Read More: Economic Development in Paris

Economic Events on February 21, 2012

At 8:30 AM Eastern time, the Chicago Fed National Activity Index for January will be released, providing an update on economic activity and inflationary pressure in the United States.