2008-01-15 EU Highlights

EU Headlines: Same twin themes as the US, weakness and inflation: Spain Core Inflation Rises for Fifth Month on Food German Economic Growth Slowed as

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Re: FF vs. LIBOR

(an interoffice email) On Jan 14, 2008 10:29 AM, Warren Mosler wrote: > thanks, continued tafs will get it to wherever the fed actually wants

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2008-01-14 EU Highlights

European News Headlines: Europe Industrial Production Falls for Second Time in 3 Months Fed beggar they neighbor policy robbing some demand. European Bonds Gain on

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No recession, yet..

No Recession, yet.. Demand drop of 1% of GDP began over a year ago when home buying by subprime borrowers ceased.. And exports picked up

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NYC Tourism

Dollar weak enough to support exports: NYC hits tourism record by Samantha Gross NEW YORK (AP) – With a falling dollar sweetening the deal for

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Indexing French wages

A bit of structural inflation being introduced: Sarkozy Plans to Index Civil Servants’ Salaries to Inflation by Helene Fouquet and Francois de Beaupuy (Bloomberg) French

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Budget telling data

Federal budget surplus for Dec. – but wait . . . By Martin Crutsinger Associated Press WASHINGTON – The federal budget showed a record surplus

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Trade numbers

U.S. Trade Deficit Hits 14-Month High on Oil Imports by Reed Saxon The U.S. trade deficit in November surged to the highest level in 14

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