Tag "Fed"
Greece crisis poses risks to an already-slow global economic recovery
The situation in Greece is complicated. Countries all around the world are starting to worry about the possible consequences of the Greeks falling outside of the euro. On the other side
Will low oil prices affect the US Fed’s decisions?
Falling oil prices are the newest wrench in the Fed’s decision making, but the effect might seem counter-intuitive. Since the Fed’s last meeting in October, oil prices have fallen 25%. With
Book Review: Currency Wars
In his 2011 book Currency Wars: The Making of the Next Global Crisis, James Rickards explains that we are in the third reincarnation of currency wars. He highlights the fact that
How much slack does the U.S. labor market really have?
U.S. labor market slack, the unused part of economic production capacity, is an important economic indicator used by the Federal Reserve to determine forward guidance. The question is how much
Fed debates changing forward guidance
The quickly falling US unemployment rate has caused the Federal Reserve to reevaluate how it communicates when it will raise interest rates. Recently released minutes of the Federal Reserve’s last
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
Why Stan Fischer’s next job matters to global finance
The US Federal Reserve is getting a new face: Stan Fischer will likely become the body’s new vice chairman. All eyes are on where he stands on the Fed’s increasingly regulatory
US taper puts pressure on emerging markets
The Federal Reserve’s decision in January to continue reducing the pace of asset purchases has put emerging markets in a bind. At the end of January, the Federal Reserve decided
2014: a balance between global optimism and latent risks
The World economy is on the mend, but recovery will not happen everywhere at the same pace. Here are some of the risks that will play a large role in
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
