Monthly Archives: July 2012

Friday’s subdued, but not disastrous US Q2 GDP report, including modest upward recent revisions, failed to make a more pressing case for urgent stimulus at next week’s FOMC meeting. Lloyds TSB’s global team believes that modest stimulus is likely on … Continue reading →

German Chancellor Angela Merkel and French President Francois Hollande issued a statement Friday saying that their countries are “bound by the deepest duty” to keep the Eurozone intact and that they will do “everything” necessary to protect the single currency. … Continue reading →

Britain could suffer a triple-dip recession next year after a brief recovery fuelled by the Olympics, leading economists have warned. They fear the Eurozone crisis could push the country back into recession next spring, after a Greek exit early in … Continue reading →