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Although a "smooth upward path in the federal funds rate will almost certainly not be realizes, " said Fischer.
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Although a "smooth upward path in the federal funds rate will almost certainly not be realizes, " said Fischer.
As the Federal Reserve moves closer to initiating one of the most long-awaited and widely predicted periods of rising short-term interest rates in the...
When looking out a window, it is easy to be fooled by your own reflection and see more of yourself than the outside world....
Monetary policy has become increasingly unconventional in the last six years, with central banks implementing zero-interest-rate policies, quantitative easing, credit easing, forward guidance,...
The world’s major central banks are currently obsessed with the goal of raising their national inflation rates to their common target of about 2%...
Currency wars are raging worldwide, and China is bearing the brunt of them. The renminbi has appreciated sharply over the past several years, exports...
REITs and dollar-denominated bonds are preferable to European bonds
In public policy, peace talks, election campaigns, or corporate strategy, laying out intentions, promises, and commitments is never enough. It is merely a first...
/By Barry Eichengreen and Beatrice Weder di Mauro/ MUNICH – Around the world, central banks’ balance sheets are becoming an increasingly serious concern –...
Greece is the only Eurozone country that has consistently dragged its feet on reforms and sustained an abysmal export performance.