Wall Street falls after investor concerns that the Fed will pull the stimulus package or injected funds to help the economy.
Currently the Fed continued to hold interest rates scale as expected by the market, but the Fed also will reduce loans to buy housing sector until the end of March 2010.
This is seen as a [...]
Fearing the Fed Pull Stimulus Package, Wall Street Corrected
IMF: Impact of crisis felt Seven Years
The International Monetary Fund (IMF) stated that the impact of the global financial crisis will interfere with economic growth for at least the next seven years. The IMF also recommends structural reforms to reduce the damage.
“Typically the banking crisis has long-term impact on the level of economic output, although growth eventually recover. The low employment, [...]
