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Deutsche Bank has “zero tolerance” for tax evaders: CEO
FRANKFURT (Reuters) – Deutsche Bank has “zero tolerance” for customers seeking to evade taxes by holding assets in foreign accounts managed by the lender, Co-Chief Executive Juergen Fitschen told German radio broadcaster Deutschlandfunk.
Fed’s Yellen backs holding rates near zero to 2016
BERKELEY, California (Reuters) – Federal Reserve Vice Chair Janet Yellen said on Tuesday that U.S. short-term interest rates may need to stay near zero until early 2016, a half year longer than Wall Street dealers expect, to forcefully lift employment.
How You Can Get Your Term Life Quote Zero Cost
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Bank cuts growth forecast to zero
The Bank of England cuts its growth forecast to near zero from about 0.8% predicted in May, as the double-dip recession intensifies.
Fed: Rates likely to remain near zero through 2014; inflation target set at 2%
The Federal Reserve said Wednesday that unemployment will remain so high over the next three years that the central bank will probably keep interest rates near zero for that period, more than a year longer than previously indicated. The announcement … Continue reading
Monetary policy works when rates near zero: Bullard
Chicago (Reuters) – Central bank actions work better than tax and spending measures to protect an economy from shocks, even when interest rates are at rock bottom levels, St. Louis Federal Reserve…
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