Tag "Janet Yellen"
Headwinds for the US and UK economies
Economies in the UK and US are bright spots in the developed world, but not quite bright enough to instill confidence. If there has been one trend across the developed
US municipal bonds squeezed by austerity
A perfect storm of austerity, low interest rates, and rebounding tax revenues are causing US municipal bond yields to plummet. The first part of 2014 was strong for municipal bond
US Decline Series: Financial sector health makes US a sound investment
The US regulatory response to the crisis has resulted in a stronger market and equipped the US to deal with future crises. This GRI series challenges the myth of the American
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
Can monetary policy address U.S. long-term unemployment?
With Janet Yellen newly confirmed as Chairman of the Federal Reserve, investors are now parsing her testimony to gain insight on the future direction of interest rates. One particularly interesting piece
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
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
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
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
