E.C.B. Acknowledges Risk to Growth
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The European Central Bank left intact its main interest rate at 4 percent, stepping away from a threat to raise rates, as the Bank of England cut its benchmark rate by a quarter-point, to 5.25 percent.
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The crisis in the US housing market risks spreading to the whole of the nation&#39;s economy, European Central Bank chief Jean-Claude Trichet said Monday on behalf of world central bankers.
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"All ministers stated their satisfaction with the way the ECB operated over the summer. They did everything they could to prevent financial markets from developing in a way that could have been dangerous."  Continuing financial market turbulence poses increasing risks to the eurozone's economic growth outlook in spite of a swift and robust response from the European Central Bank, eurozone finance ministers said on ... via Financial Times
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The British-based bank delivers an upbeat outlook and modest writedowns.
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Diversified, international growth is the key to GE's future.
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With financial stocks tumbling, analysts say growth sectors look promising.
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Federal Reserve Chairman Ben Bernanke told Congress on Wednesday the U.S. economy will grow gradually this year and gain steam in 2008, but warned there are many risks to the outlook and stressed the U.S. central bank is on guard against inflation.
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FRANKFURT: The European Central Bank (ECB) staged a tough balancing act yesterday, sharpening its warnings about the inflationary dangers of high oil prices but noting that costly energy is also softening economic growth.
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Credit worries will take a further bite out of global economic growth, including Europe.
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The world's leading industrial   countries are enjoying strong growth but face the risk of   rising inflationary expectations, tight energy markets and   spreading protectionism, a draft communique of the Group of   Seven rich nations says.
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Slower global economic growth has  increased risks for developing countries, especially if the  record levels of private capital that has flowed into these  markets is reversed, the World Bank said on Tuesday.
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While Greenspan &amp; Co. hinted that growth could be more robust, it didn&#39;t stop the anticipated quarter-point rate increase.
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OTTAWA - World economic growth will be at risk next year if oil prices remain near all-time highs well into next year, the Conference Board of Canada said Friday.
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The European Central Bank has given hedge funds a generally clean bill of health, saying the possible dangers to financial markets are &quot;much less worrisome&quot; than even a few years ago.
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A global credit crisis has increased the  threat to growth, the European Central Bank said on Thursday,  as G7 governments asked for a report on the genesis of the  turmoil for next month&#39;s meeting of finance chiefs.
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One good business can pour forth a steady stream of wealth.
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There's more to growth than just a high growth rate.