fed

Draghi, Yellen will meet at Jackson Hole

A Tale Of Two Central Banks

Both main central banks face a challenging outlook. The ECB may have saved the day recently by showing it still commands enough firepower to support the economy, even if its room for manoeuvre seems hopelessly narrow. The Federal Reserve seems caught in a nasty trap.



Inflation expects Fed's meeting

The Fed Should Print Trailers

Benjamin Cole via Historinhas | Thanks to the extraordinary insights of blogger Kevin Erdmann, the issue of US housing costs and inflation has been brought into better focus. Erdmann recently brought up manufactured housing, or house-trailers, a wonderful topic.







Janet Yellen, of California, President Barack Obama's nominee to become Federal Reserve Board chair, testifies on Capitol Hill in Washington, Thursday Nov. 14, 2013, before the Senate Banking Committee hearing on her nomination to succeed Ben Bernanke. (AP Photo/Jacquelyn Martin)

FED keeps the door open in July

LONDON | Barclays | The US dollar strengthened after the FOMC left the door open for a September move, although it did not provide any strong signal for the timing of the first hike.


yellen01TC

Fed in a holding pattern

May 21, 2015 | By UBS analysts | The March FOMC statement had disposed of patience with regard to the funds rate, clearly preparing for the possibility or even likelihood of raising rates in June. But Q1 growth slowed more than expected, and the FOMC became more cautious in its April statement.