AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
THE ECONOMY.(TO THE POINT)
Fed Gov. Edward Kelley resigns
Kelley said he will resign as soon as at least one of the current vacancies is filled. "After 14 highly rewarding years of service on the Board of Governors of the Federal Reserve System, I want to focus on family and other interests," he said. Kelley, 69, a Reagan appointee, took office in 1987. President Bush reappointed him in 1990 to a term that expires Jan. 31, 2004. The board of governors consists of seven members, but there have been two vacancies since July 1999. The White House said it was "moving expeditiously" on nominees.
Economy will post 3.2% growth
next year: Chicago Fed's survey
Cheaper energy and more industrial output will lead the way, say the resultsof a Federal Reserve Bank of Chicago survey of 30 people involved in the auto industry. They took part in the Chicago Fed's annual Auto Outlook Symposium in Detroit. The survey put 2001 growth at just 2%. The survey also shows experts expect:.
Unemployment will hold steady at 4.6% in 2001 and 2002.
West Texas Intermediate crude oil will fall to $26.10 a barrel in 2002 compared with $27.50 this year.
- SOUTH KOREAN WON HITS SIX-WEEK HIGH AGAINST U.S. DOLLAR.
- News wire article from: AsiaPulse News December 18, 2008 700+ words
...18 Asia Pulse - The South Korean won rose to a six...the steady buying of South Korean stocks by foreign...cut by the U.S. Federal Reserve this week. "A rally...since November 5. The Federal Reserve cut its benchmark...
- Fed rule gives U.S. banks holding South Korean loans a break.(Business)
- Newspaper article from: The Washington Times Woellert, Lorraine January 30, 1998 700+ words
...rating agencies have shown little faith in a South Korean government guarantee. As a result, the cash...reduced. Walker Todd, a former member of the Federal Reserve, said the banks will emerge better positioned...
- SOUTH KOREAN BANKS TO HELP CARMAKERS WITH RESTRUCTURING.
- News wire article from: AsiaPulse News December 29, 2008 700+ words
...KDB spokesperson stressed. Of South Korean carmakers, Ssangyong Motor Co...the face of weak demand. The South Korean government and financial regulators...being implemented by the U.S. Federal Reserve Board to help the embattled General...
- SOUTH KOREAN WON HITS 10-YEAR HIGH AGAINST U.S. DOLLAR.
- News wire article from: AsiaPulse News October 26, 2007 700+ words
SEOUL, Oct 26 Asia Pulse - The South Korean currency rose to a 10-year high against...on a further rate cut by the U.S. Federal Reserve raised investors' appetite for the...the greenback ahead of the U.S. Federal Reserve meeting," said Kim Tae-wan, a...
- SOUTH KOREAN WON HITS ONE-MONTH HIGH ON US BOND PURCHASE PLAN.
- News wire article from: AsiaPulse News March 19, 2009 700+ words
SEOUL, March 19 Asia Pulse - The South Korean currency rose to a one-month high...on Thursday as a plan by the U.S. Federal Reserve to buy government bonds revived appetite...The announcement by the U.S. Federal Reserve to purchase treasury bonds drove up...
- STOCKS - SOUTH KOREAN BOURSE ENDS WEAKER - JUNE 13, 2007.
- News wire article from: AsiaPulse News June 13, 2007 700+ words
SEOUL, June 13 Asia Pulse - South Korean stocks closed lower Wednesday...markets, analysts said. The South Korean won fell against the U.S...high on Tuesday after former Federal Reserve Chairman Alan Greenspan predicted...
- South Korean Stocks Open With Slumping Tech Shares.
- News wire article from: YON - Yonhap News Agency of Korea July 19, 2004 700+ words
SEOUL, July 19 (Yonhap) -- South Korean stocks started lower Monday, with the decline led by tech...listen carefully to comments on the economy from U.S. Federal Reserve Chairman Alan Greenspan when he delivers his semiannual...
- SOUTH KOREAN WON HITS NEAR 1-YEAR HIGH AGAINST U.S. DOLLAR.
- News wire article from: AsiaPulse News September 21, 2009 700+ words
SEOUL, Sept 21 Asia Pulse - The South Korean currency rose to a near one-year high against the U...big events like a rate-setting meeting by the U.S. Federal Reserve and the G-20 summit. "Offshore investors' buying spree...