Articles About Bank Of England
- Author:
- Tom Silva
- Posted:
- 04.30.2012
Britain Slides Into Double-Dip Recession
Europe’s financial woes have spread across the English Channel as the United Kingdom slid into its first double-dip recession since the 1970s. Britain’s GDP fell 0.2 percent from the 4th quarter of 2011, when it declined 0.3 percent, according to the Office for National Statistics (ONS). As anti-austerity backlash grows on the Continent, Prime Minister […]
- Author:
- James I. Clark III
- Posted:
- 12.17.2009
Central Banks Tighten the Purse Strings A Little
The world’s central banks are easing up slightly on the generosity they have shown over the past year when the financial crisis threatened to destroy the global economy. After European Central Bank president Jean-Claude Trichet said his bank would withdraw some liquidity operations, the euro rose. Similarly the pound went up after the Bank of […]