Simon Kennedy

Simon Kennedy

December 06, 2022 | Daily Business Review

Here's Goldman Sachs' Take on World Economy Through 2075

Goldman Sachs analysts said slower population growth will present "a number of economic challenges," such as how nations will pay for rising health costs of their aging populations.

By Simon Kennedy

2 minute read

March 19, 2008 | Daily Report Online

Israel's bank chief: Bernanke to get on top of credit crunch

By Simon Kennedy and Elliott Gotkine

4 minute read

September 01, 2010 | Daily Report Online

Fed faces skepticism on recovery measures

Federal Reserve officials face another round of reports projected to show weakening growth amid skepticism they have the firepower to deliver on Chairman Ben S. Bernanke's pledge to avoid a relapse into recession. Bernanke, in his Aug. 27 speech to central bankers and economists in Jackson Hole, Wyo., made his strongest statement yet that the Fed alone can't keep the recovery going.

By Scott Lanman and Simon Kennedy

6 minute read

February 02, 2010 | Daily Report Online

Economists offer bleak outlook for U.S.

Nouriel Roubini, the New York University professor who anticipated the financial crisis, said the U.S. growth outlook remains "very dismal" and White House economic adviser Lawrence Summers said the economy is still mired in a "human recession." Speaking at the World Economic Forum's annual meeting in Davos, Switzerland, after the U.

By SIMON KENNEDY AND ERIC SHATZKER

5 minute read

February 06, 2008 | Daily Report Online

Central bank leaders stage intervention

By Simon Kennedy and John Fraher

6 minute read

September 24, 2008 | Daily Report Online

U.S. may find painful parallels in Nordic bailout

If Henry Paulson and Ben S. Bernanke want to know what happens when central banks and governments bail out financial institutions, they should be "learning Swedish." That's the suggestion of Charles Dumas, a director at Lombard Street Research in London. He says the effort by Finland, Sweden and Norway to save troubled banks in the early 1990s is the closest parallel to the market-rescue plan being engineered by the U.

By Simon Kennedy

5 minute read

January 04, 2008 | Daily Report Online

Bernanke, King risk inflation to extend growth party

Ben S. Bernanke, Mervyn King and fellow central bankers may go on filling up the world economy's punch bowl in 2008, even at the risk of an inflationary hangover. Signs that the party is ending for global growth are keeping monetary policy leaning in the same direction at major central banks, with those in the U.K. and Canada likely to join Bernanke's Federal Reserve in cutting interest rates again.

By Simon Kennedy

6 minute read

August 25, 2009 | Daily Report Online

Bankers warn recovery shouldn't delay reform

Central bankers warned that a global economic recovery shouldn't delay an overhaul of financial-market regulations following the worst banking crisis since World War II.Federal Reserve Chairman Ben S. Bernanke used a weekend Fed symposium to single out the creation of rules limiting risk as one of the "difficult challenges" ahead.

By Scott Lanman, Kathleen Hays and Simon Kennedy

5 minute read