The man now plucked to run the Bank of Japan and revive
the long stagnant economy was a career Ministry of Finance bureaucrat at the time exasperated that the central bank had - as he saw it - shirked its duty to end what was then already six years of deflation.
Not exact matches
With manufacturing already
stagnant, the likelihood of falling into a new recession next year increases greatly (remember that interest rates are a
long leading indicator, and increases tend to take a year or more to be felt in the real
economy).
The U.S.
economy is basically
stagnant and the recent agreement on the deficit will make it worse in the short term and possibly even in the
longer term.
Nixon announced her candidacy March 19 but didn't get around to campaigning in Buffalo until this past week, something that didn't go unnoticed by local Democratic leaders, who lauded Cuomo for helping the city's
long -
stagnant economy.
But our
economy was faltering
long before the crisis became such an issue, with
stagnant growth for over 12 months.
Sound leadership in Albany has yielded exciting change: on - time, balanced budgets; the formation of the Regional Economic Development Councils; and, Governor Cuomo's commitment of the «Buffalo Billion» to revive the region's
long -
stagnant economy.
In the absence of this economic activity, the
economy can potentially slow and
stagnant over the
long - term.