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Watch out for this year's playmakers

Expect Jewish policy-makers and business people to be an important part of the economics story in 2010.

January 7, 2010 10:16

By

Alex Brummer,

Alex Brummer

3 min read

As world economic leaders seek to consign the great panic and recessions of 2007-09 to the dustbin of history this year, expect Jewish policy-makers and business people to be an important part of the story in 2010.

Many eyes will be focused on Ben Bernanke, the chairman of the Federal Reserve Board — America’s central bank — to see if and when he calls an end to the age of easy money.

Official interest rates at or near zero have been a critical factor in restarting global growth and assisting the banks as they seek to restore their balance sheets.

Fast recovering economies, especially those rich in natural resources including Australia and Canada, have already lifted borrowing costs as part of an effort to restrain future inflation.