developed-country

However, he described global imbalances in the economy—of which developed-country deficits are one of the most obvious—as "more of a medium-term issue."

Trichet: Commodities' Fall 'Healthy' Geoffrey T. Smith 2011

In its annual employment outlook, the Paris-based think tank said that in July, 44.5 million workers were without jobs across its 34 developed-country members, 13.4 million more than immediately before the onset of the financial crisis.

OECD Calls for Action on Unemployment Paul Hannon 2011

Other major central banks such as the Federal Reserve and Bank of England have policy rates closer to zero, leaving the ECB as the only major developed-country central bank with any firepower on rates.

Banker Says Euro Zone Will Avoid Double Dip Brian Blackstone 2011

The ECB was the first major developed-country central bank to raise rates from lows stemming from the global financial crisis of 2008, and its recent policy of tightening has put it at odds with other developed countries.

ECB to Reassess Inflation Threat Brian Blackstone 2011

It raised interest rates in April—the first major, developed-country central bank to do so—and has strongly hinted it will do so again when it meets Thursday, a signal that it won't allow Greece to disrupt the euro bloc's interest-rate settings.

Europe's Central Bank Faces Credibility Test Brian Blackstone 2011

On Monday the OECD cut is forecast for 2012 growth in its 34 developed-country members to 1.6% from 2.8% in March.

Trade Flows Slow in Big Economies Paul Hannon 2011

The ECB raised rates in April and again in July even as other major developed-country central banks such as the Federal Reserve, the Bank of England and the Bank of Japan held rates at crisis-era lows closer to zero.

Europe Bank Opens Door to Shift on Rates Brian Blackstone 2011

The ECB increased its benchmark policy rate by 0.25 percentage point to 1.25% in April, making it the first major developed-country central bank to lift rates from crisis-era lows.

Euro-Zone Growth at 20-Month Low, According to Survey Brian Blackstone 2011

He also said a "roughly coordinated" move by major developed-country central banks to ease monetary policy is a good idea.

BOE's Posen Says Old Habits of Central Bankers Die Hard David Wessel 2011

By contrast, oil prices are more vulnerable to weaker developed-country economies.

Commodities Go Their Separate Ways Andrew Peaple 2011