Tag "quantitative easing"
Erdogan undermines Turkish Central Bank’s autonomy
On 30 April, the Governor of Turkey’s Central Bank, Erdem Basci, announced an interest rate cut in the near future, but specified neither number nor schedule. The announcement came a week after reaffirming the Bank’s
Yellen’s first statements chart clear path for Federal Reserve
The new Fed Chairwoman made clear to Congress that her Fed will focus on improving the labor market and being straightforward in its messaging. In her first major appearance since becoming
Are loans causing U.S. financial markets to overheat again?
Low interest rates in the U.S. enabled the 2013 bull market but have also created the conditions for another credit bubble. Covenant-lite loans, the latest financial innovation, could spell trouble.
Is India Saved by the Federal Bell?
The U.S. Federal Reserve shocked the market on 18 September 2013. Ben Bernanke said the Fed would postpone tapering its USD 85 billion per month bond buying program possibly until