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Fed becoming worried about stimulus side effects

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BoE governor King warns of euro risk to British recoveryComments Off

The single biggest risk to Britain’s nascent economic recovery is continued eurozone weakness, the Bank of England’s outgoing governor Mervyn King said in a television interview on Sunday.

BOE’s King: More Needs to Be Done for U.K. Recovery – TVComments Off

More needs to be done to secure the U.K.’s economic recovery, Bank of England Gov. Mervyn King said Sunday. “We are seeing a recovery.

Independent Scotland open to Cyprus-style bank risks, says BritainComments Off

An independent Scotland would have a vastly oversized financial sector that would leave it vulnerable to a Cyprus-style banking crisis, Britain’s finance ministry says.

An Independent Scotland More Vulnerable to Financial Shocks – UK TreasuryComments Off

An independent Scotland would have an exceptionally large banking sector, compared with the size of the rest of its economy, making it vulnerable to financial shocks and putting Scottish taxpayers at significant risk in the event of the country being h…

Bernanke upbeat on innovation outlook in commencement addressComments Off

Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards, delivering a sweeping look at the last 100 years that included memories of his 1963 South Carolina home.

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