China passes $1 trillion in Treasuries

China passes $1 trillion in Treasuries It turns out China does personal more Treasury bonds than the government’s official figures are actually allowing on. China held $1.sixteen trillion of U.S. federal government bonds at the end of 2010, Treasury stated Monday in its preliminary revision of data on foreign portfolio holdings. That’s up $268 billion […]

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Fed’s $2 trillion may buy little improvement in jobs

Fed’s $2 trillion may buy little improvement in jobs For $2 trillion, Federal Reserve Chairman Ben S. Bernanke may buy little improvement in growth, employment or inflation over the next two years. Firms with large-scale models of the U.S. economy such as IHS Global Insight, Moody’s Analytics Inc. and Macroeconomic Advisers LLC project only a […]

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Europe debt crisis rolls on as Irish bailouts grow – 2

Europe debt crisis rolls on as Irish bailouts grow And EU monetary commissioner Olli Rehn said he doubted that Ireland would need emergency aid from a rescue fund established earlier this year by the European Union and the International Monetary Fund. Greece has already tapped that fund to the tune of euro110 billion, but Ireland […]

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