Archive for November 15th, 2011

Pursuing Financial Inclusion and Financial Stability together

November 15, 2011

A superb speech on the topic by RBI Deputy Governor – HR Khan.

He says both fin inclusion and stability are compulsions and no more choices or options one can choose. Given this the key question is:

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Probability of US recession is rising

November 15, 2011

Travis J. Berge, Early Elias, and Oscar Jorda of FRBSF in this short note say there is a significant possibility of recession in US in next 24 months. If recession is avoided in this period, things should ease 2013 onwards.  Moreover, the risks are from both sides – weakening US economy and weakening European economy leading to spillovers in US economy.

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