Tag "Ben Bernanke"
The problem with helicopter money
Helicopter money requires central banks to make choices they cannot make while undermining their independence and inflation-targeting mandate.
Central banks rely on forward guidance
As interest rates remain low among developed economies, shaping expectations through communication is proving to be an effective monetary tool. Communicating the taper At its last monetary policy meeting, the
U.S. Congress has a budget deal, but more uncertainty lies ahead
Despite the successful Ryan-Murray budgetary agreement, another U.S. Debt Ceiling Debate Looms on the Horizon. A compromise brokered by Republican Representative Paul Ryan and Democratic Senator Patty Murray is poised
The Volcker Rule depends on regulator cooperation
Over three years in the making, a key piece of the Dodd Frank Wall Street Reform and Consumer Protection Act reaches completion and limits proprietary trading by US banks. Yet,
Fed mulls taper, possible changes in guidance
A strong December U.S. jobs report has fueled speculation on the possibility of a taper of asset purchases in December or January. However, job numbers are not clear-cut for a
Asian Development Bank Predicts Slowdown in China and India
In a report released 2nd October, the Asian Development Bank (ADB) cut its growth forecasts for the region in both 2013 and 2014. Slow growth in China and India as
Brazil and Turkey: The Party is Over
The world held its breath on September 18th. Would Ben Bernanke taper? Investors around the globe breathed a sigh of relief when he postponed slowing down the Fed’s bond buying
Raghuram Rajan to Save the Plummeting Rupee
In India, the value of the rupee has fallen dramatically, and the once heralded future economic powerhouse looks more fragile. The U.S. Federal Reserve decided at this week’s FOMC meeting to continue
New Data Points to Strong Philippine Economy
In recent months a trickle of news regarding a Chinese economic slowdown, continued weakness in Europe, and stalled growth in many emerging markets has raised fears of another global recession.
