Tag "Federal Reserve"
The US’s schizophrenic recovery: Banks’ earnings on the rise as the government bails out families
Talks of a “K-shaped” recovery after the pandemic crisis started in 2020, predicting that some sectors of the economy will benefit disproportionately by the pandemic, while everyone else bears the costs for it. Big banks and the world of finance are surely to be on the benefiting end. However, policy-makers, shareholders and executives seem to be missing a key lesson of the Great Recession -the risk of an enriching bank system that loses touch of reality may aggravate the schizophrenia of the post-pandemic economies.
European monetary policy faces another crisis: Is the ECB effectively leading the way?
In a little over a decade the European Central Bank found itself fighting three considerable crises: the Great Recession in 2008, the sovereign-debt crisis in 2011-2012 to today’s pandemic-induced recessions. The Euro is a project without precedent and under Mario Draghi the ECB was a leading actor in world monetary policy. In 2019, Christine Lagarde became the new president of the ECB. How does she compare?
The Week Ahead: 23-29 September
Crucial referendum in Macedonia. Fed likely to raise interest rates in US. All in The Week Ahead.
The modern worker’s dilemma: why are wages falling?
With U.S. economic growth strong and unemployment low, policymakers and economists alike are asking themselves: Why are wages falling?
The Week Ahead: 21 – 27 January 2018
Meeting in Davos to unite several world leaders and financial experts. Cape Town restricts water use. Secretary Tillerson travels to EU to discuss Iran.
The Week Ahead
India to host Nepalese Prime Minister as tensions continue over Doklam. UK releases more Brexit position papers. Jackson Hole Summit. All in The Week Ahead.
The Week Ahead
UK digests the impact of a new coalition arrangement. South Korea hosts second AIIB summit. Federal Reserve discusses 2017 rate hike. All in The Week Ahead. UK digests the impact of a
The Week Ahead
Dutch elections test Europe. Fillon tries to stabilize the French center right. Federal Reserve likely to raise rates. All in The Week Ahead.
Under Trump, the national debt has the potential to grow
Donald Trump faces a myriad of problems upon inauguration this month. Among the financial and economic dilemmas is the national debt.
Federal Reserve in the hot seat
With Donald Trump set to take office in January and the Republican majority in Congress, his statements about reining in the Federal Reserve (Fed) are now turning into rumblings of
