An exercise in "Fedspeak": the announcement of the latest U.S. interest rate cuts is couched in the special language of central bankers
Article Abstract:
Issues concerning the Federal Reserve Board's decision to cut the Federal funds rate and the discount rate are examined, focusing on an analysis of the language of the Board's press release. Topics include the generality of the language, decision by four of the 12 Federal banks not to participate in the discount rate cut, and the clear indication the Board is predicting a weaker economy.
Publication Name: North American Free Trade & Investment Report
Subject: Business, general
ISSN:
Year: 2001
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Hail and farewell in Ottawa: The head of the Canadian Central Bank is leaving office at the top of his form; The art of smooth sailing in the U.S.'s wake
Article Abstract:
Gordon Thiessen is resigning his position as governor of the Bank of Canda effective Jan 31, 2001. Thiessen is highly regarded in international central banking and financial industry circles, and is leaving his post with the Canadian economy in solid growth mode. Canadian GDP rose 4.2% in 1999, with similar growth projected for 2000.
Publication Name: North American Free Trade & Investment Report
Subject: Business, general
ISSN:
Year: 2000
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Mexico: economy: fighting off pneumonia - Mexico's reform administration discovers the durability of the old saw about what happens when the U.S. sneezes
Article Abstract:
The impact of the US economic recession on Mexico is examined. Current economic reforms should help Mexico once foreign economies recover.
Publication Name: North American Free Trade & Investment Report
Subject: Business, general
ISSN:
Year: 2001
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