Sentences with phrase «deepening economic slump»
«Federal Reserve Chairman Ben S. Bernanke signaled he's ready to cut interest rates to the lowest level on record should the central bank's actions fail to stem the deepening economic slump.
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By June 2011, as the UK economy headed for recession, Balls had largely set aside the issue of Labour's economic legacy and was locked in battle with George Osborne over how to lift the economy out of a deepening slump.