An improving labor market rather than accelerating inflation made the Federal Reserve decide to end its last three episodes of easy monetary policy. It may be about to happen again, says Barclays Plc strategist Barry Knapp.
Agricultural commodity markets face “tension” because of tight ending stocks, said Philippe Chalmin , an economics professor at the University of Paris- Dauphine and adviser to the French government. Following are comments he made at a news conference today:
President Susilo Bambang Yudhoyono’s surprise choice of Agus Martowardojo to run Indonesia’s central bank met with mixed reactions, with some questioning his record as finance minister and others praising his banking experience.
Christine Lagarde , France’s finance minister, was at her Normandy weekend home on Saturday, May 8, juggling calls from President Nicolas Sarkozy , German finance chief Wolfgang Schaeuble and Dominique Strauss-Kahn , the Frenchman atop the International Monetary Fund, Bloomberg Markets reports in its August issue.