Where Is The Money?
As Krugman might say, “…it’s in the market, stupid.” The most influential economy in the world is poised to raise interest rates, but not because of inflation. Central banks in major parts of the ...
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BIS Warns of Low Rates
The Bank of International Settlements (BIS) continues to reprimand contemporary central banking culture for easy money fixes it argues feed instability by creating global economic conditions that foster bubbles. As the ...
To Raise or Not to Raise
US indicators out this week, like the Chicago PMI and the CPI estimates, support both sides of a US turn-around, the output side and the consumption side. Yet still the FED, though widely expected to raise rates in the ...
