UBS: Greece has to write down 100% of its debt

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Source: Dukascopy
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Stephane Deo, head of European economic research at UBS, believes that Greece would be required to introduce a 100% haircut in order to make its debt manageable. The expert added that the only possible solution to tackle debt woes is to involve a larger share of the private sector.
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Tue, 18 Oct 2011 13:41:09 GMT

The Fed is concerned over the US inflation

Viewpoints of the policymakers have split over the right course of further monetary policy: one top policymaker suggested extra stimulus provision is necessary, while another pointed at a necessity of monetary policy tightening. Jeffrey Lacker, the head of the Richmond Fed, admitted that although the US inflation is more likely to diminish in the next months due to declines of

Tue, 18 Oct 2011 12:54:42 GMT

Fed is concerned about the US inflation

Viewpoints of the policymakers have split over the right course of further monetary policy: one top policymaker suggested extra stimulus provision is necessary, while another pointed at a necessity of monetary policy tightening. Jeffrey Lacker, the head of the Richmond Fed, admitted that although the US inflation is more likely to diminish in the next months due to declines of

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