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Nothing describes the United States Federal Reserve’s current communication policy better than the old saying that a camel is a horse designed by committee....
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Nothing describes the United States Federal Reserve’s current communication policy better than the old saying that a camel is a horse designed by committee....
Janet Yellen’s speech on September 24 at the University of Massachusetts clearly indicated that she and the majority of the members of the Federal...
So the unemployment rate reached below that magical number, 6%. That number became the figure to watch when Fed Chair Janet Yellen said...
Mikhail Fridman was right. Russia’s economic problems don’t stem from its inability to juggle its numbers — they’ve been juggling like it was the...
Not long ago, German politicians and journalists confidently declared that the euro crisis was over; Germany and the European Union, they believed, had weathered...
A policy statement from the U.S. Federal Reserve indicates a “patient” approach to raising interest rates; Janus manager Bill Gross thinks the rise will...
Far left Prime Minister of Greece, Alexis Tsipras, threw down the gauntlet regarding foreign creditors by rejecting austerity measures; this move caused Greek markets...
Although the European Central Bank has launched a larger-than-expected program of quantitative easing (QE), even its advocates fear that it may not be enough...
Oil prices inched higher as the dollar lost ground against the euro on Tuesday, a report said. The price of Brent, the global oil...
For the first time in a decade, Standard & Poor’s gave Russia a junk rating, and two other ratings agencies removed the country from...