Tag "Federal Reserve System"
Weak currencies do not boost exports, study finds
According to new data from the European Central Bank, and contrary to popular belief, weaker currencies do not boost exports, as many firms cannot react in time to take advantage
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
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
Companies fail to see risk management as competitive advantage
Risk management is an important strategic function of management, yet most companies fail to see its benefits and focus on short-term costs. The financial crisis provides an opportunity to integrate
Why you should cherish Yellen’s academic background
A look at new Fed chair Janet Yellen’s academic background offers interesting insights into Obama’s pick for America’s top financial position. Robin Harding summarized the situation that Janet Yellen, President Obama’s
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
Convexity Hedging Increases Risk in US Markets
If you have been watching the yield curve for U.S. treasuries, you will have noticed a rise in interest rates pretty much across the board. As Treasury yields go north,
