Former Chairman of Morgan Stanley Asia Stephen Roach: The Wrong War for Central Banking

BEIJING – Fixated on inflation targeting in a world without inflation, central banks have lost their way. With benchmark interest rates stuck at the dreaded zero bound, monetary policy has been transformed More...

Peter Schiff: Interest Rate Hike Could Spark Economic Collapse

Forget about higher interest rates. To starve off an economic collapse, the Federal Reserve may have to resort to another round of quantitative easing. At least, that’s according to famed investor Peter More...

Stanley Fischer Says Fed Will Raise Interest Rates by the End of the Year

Stanley Fischer, former governor of the bank of Israel and currently the Vice chairman of the Federal Reserve, expects the Fed to raise interest rates this year, possibly as as early as June. However, More...

Central Banks and the Bottom Line

/By Barry Eichengreen and Beatrice Weder di Mauro/ MUNICH – Around the world, central banks’ balance sheets are becoming an increasingly serious concern – most notably for monetary policymakers themselves. More...