Tag "QE"
Economics
International
Erdogan undermines Turkish Central Bank’s autonomy
On 30 April, the Governor of Turkey’s Central Bank, Erdem Basci, announced an interest rate cut in the near future, but specified neither number nor schedule. The announcement came a week after reaffirming the Bank’s
Economics
North America
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
Finance
North America
Are loans causing U.S. financial markets to overheat again?
Low interest rates in the U.S. enabled the 2013 bull market but have also created the conditions for another credit bubble. Covenant-lite loans, the latest financial innovation, could spell trouble.
