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...
Harvard Professor Jeffrey Frankel: Will Fed Tightening Choke Emerging Markets?
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 United States, many are asking how emerging markets will More...
Harvard Professor Ricardo Hausmann: Austerity Is Not Greece’s Problem
When looking out a window, it is easy to be fooled by your own reflection and see more of yourself than the outside world. This seems to be the case when US observers, influenced by their own country’s More...
‘Dr. Doom’ Nouriel Roubini: The Negative Way to Growth?
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, More...
Harvard Professor Martin Feldstein: The Deflation Bogeyman
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% per year. This is true for the United States, where the annual More...
Former Chairman of Morgan Stanley Asia Stephen Roach: Steady on the Renminbi
Currency wars are raging worldwide, and China is bearing the brunt of them. The renminbi has appreciated sharply over the past several years, exports are sagging, and the risk of deflation is growing. More...
Julius Baer Analyst Markus Allenspach Says Euro Bonds Distorted, Not Worried about Greece
Julius Baer, a private Swiss bank, is staying away from European bonds, prefers investing in REITs, and isn’t overly concerned about the prospect of Greece leaving the European Union, according More...
Lucy Marcus: Put Up or Shut Up
In public policy, peace talks, election campaigns, or corporate strategy, laying out intentions, promises, and commitments is never enough. It is merely a first step toward a desired end – and 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...
Daniel Gros, Director of Center for European Policy Studies: The Greek Austerity Myth
Since the anti-austerity Syriza party’s victory in Greece’s recent general election, the “Greek problem” is again preoccupying markets and policymakers throughout Europe. Some fear a return to More...