Global markets have a much bigger effect on prices and wages in the U.S. and elsewhere than they did before. |
It's a disaster for Europe and a huge problem for future growth. |
It's a wonderful appointment. The whole economics world is cheering about it. |
Oil exporters have a lot of useful ways to spend the money, |
Since the terrorist attack was a deliberate action with long-term security implications, the effects on consumer psychology may well not be comparable. |
The fund has the reserves to pay for its operations for the next several years. It is only if the good times go on for another five to seven years and there are no major financial crises, then it is going to become a significant issue. |
The Greenspan era has coincided with a period when the global economy has made the job of a central banker easier. |
There is no doubt that the attack is having a negative effect on activity now in many regions of the globe, and that it has increased what were already significant downside risks to the short-term global outlook. |
this means that 2005 is only going to be a very good year for global growth, rather than the spectacular one it might have been but for oil prices. |