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...Actually, there was a slight shift since the last Fed statement. At the end of April, the FOMC worried that "inflation could persist for a time below rates that best foster economic growth and price stability in the longer term." This time the wording was shortened to a simple prediction that "inflation will remain subdued for some time...

Author: /time Magazine | Title: The Fed Holds Steady: Mixed Signals on the Economy | 6/24/2009 | See Source »

...well are the things that have made him vulnerable to leadership challenges. A serious man, a well-meaning man, he's a hopeless communicator in an age of remorseless, ceaseless communication. He's also tribal and factional. Faultlines between his foot soldiers and Blair's adherents persist two years after collateral damage from the Iraq war - and the two men's bitter rivalry - persuaded Blair to stand aside. Labour's third term in office, secured in 2005, has been "blighted," says Neil Stewart, who was Political Secretary to Neil Kinnock, Labour's leader during its wilderness years in the 1980s...

Author: /time Magazine | Title: Labour Pains: Gordon Brown is Running Out of Time | 6/22/2009 | See Source »

This happy ending is hardly assured. It can take time for people, having seen that they are playing a non-zero-sum game, to adjust their attitudes accordingly. And this adaptation may never happen if barriers of mistrust persist...

Author: /time Magazine | Title: Decoding God's Changing Moods | 6/15/2009 | See Source »

...large, multi-billion dollar capital campaign—never materialized, derailed by tumult over Summers’ presidency and the administrative turnover that followed his forced departure in 2006.But even with Faust solidly entrenched in Mass. Hall nearly two years after her installation, heavy debt financing appears likely to persist for some time.According to Shore, University development officers typically report difficulty raising money for bricks and mortar, versus programmatic elements. And Vice President for Alumni Affairs and Development Tamara E. Rogers suggested in a recent interview that she intends to hold off on discussions with potential Allston donors until...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Once Ambitious, Harvard Revisits Allston Planning | 6/3/2009 | See Source »

...With unemployment rising and house prices continuing to fall, Wells' unpleasant earnings news could persist past the end of the year. Bank examiners in the recent government stress tests estimated that Wells Fargo will have as much as $86 billion in loans that go unpaid over the next two years. The bank has already put aside some money to cushion that blow - $22 billion as of the end of March - and Wells would be able to tap another $24 billion of loss provision that it set up when it acquired Wachovia. But that still leaves another $40 billion in loan...

Author: /time Magazine | Title: Has Wells Fargo Stock Run Too Far? | 5/28/2009 | See Source »

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