Economic growth to 'slow markedly' despite rate cuts: central bank
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Economic growth is set to "slow markedly" in 2008, even if the Bank of England decides to cut interest rates by a further 75 basis points this year, the central bank forecast on Wednesday.
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An expected economic slowdown hasn't materialized, easing fears of recession ahead of the Fed's latest policy statement.
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The central bank acknowledged that its primary worry is an economic slowdown rather than rising inflation and it left open the possibility of additional rate reductions.
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The OECD warns the UK economy may slow because of the credit crunch, forcing the Bank of England to cut rates.
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Growth of the German economy, the biggest in the 12-country eurozone, is expected to slow to just 1.4 percent next year from 1.8 percent expected this year, the government's so-called &quot;Five Wise Men&quot; panel of independent economic advisors forecast.
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GREENVILLE, South Carolina  - The speed at which   the U.S. economy can grow without risking inflation has likely   dropped due to slower labor force growth, but the productivity   gains that help restrain inflation should stay strong, Federal   Reserve Chairman Ben Bernanke said on Thursday.
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Wall Street may find itself on the   defensive next week if reports on housing and growth suggest   that the United States economy is headed for an acute slowdown   despite the Federal Reserve's pause in its two-year cycle of   interest-rate increases.
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Federal Reserve economists think aging workers and a shrinking workweek mean the maximum sustainable U.S. economic growth rate may slow, Fed Governor Frederic Mishkin said on Thursday.
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The economy is set to grow at a sluggish pace in coming months but there are risks that elevated levels of inflation excluding food and energy may not recede, Federal Reserve Chairman Ben Bernanke said on Tuesday.
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The speed at which  the U.S. economy can grow without risking inflation has likely  dropped due to slower labor force growth, but the productivity  gains that help restrain inflation should stay strong, Federal  Reserve Chairman Ben Bernanke said on Thursday.
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Singapore&#39;s economic growth slowed to 7.7 percent in the third quarter after a 12.5 percent rise in the previous three months, as its central bank said it would keep a tight rein on monetary policy to support growth amid rising oil prices.
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The Bank of England says the room for furrther rate cuts is limited as it predicts slower growth and rising inflation.
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Euro zone economic growth slumped to its slowest pace for more than a year in the third quarter, prompting economists to warn the European Central Bank (ECB) against any monetary tightening in the near term.
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The U.S. economy is forecast to slow slightly next year, and inflation is expected to ease from this year's pace, the Philadelphia Federal Reserve Bank said on Tuesday.
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Business & money: US will bear brunt of slowdown in economic growth, global stability report says.
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Wall Street may find itself on the  defensive next week if reports on housing and growth suggest  that the United States economy is headed for an acute slowdown  despite the Federal Reserve's pause in its two-year cycle of  interest-rate increases.
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China may avoid a sudden economic slowdown after the central bank raised benchmark interest rates for the first time in nine years last week, a survey showed.