Next week’s Federal Reserve meeting ( September 16th and 17th) has investors on tenterhooks. Some Fed members have recently pointed to a possible rate hike in September, raising concerns not only in the markets but also amongst IMF and World Bank leaders.
As institutional investors embrace computer programs that rapidly place orders, the government tries to figure out how to regulate the practice.
Confusing costs with revenues, or assets with liabilities, is lethal if you are analysing the situation of the banks. It now appears that, according to some so-called experts, the ECB and its low interest rate policy is to blame for the weakness and lack of profitability amongst Spanish banks.
Analysts at UBS are cutting our oil price forecast for the period 2015-19 and cutting long-term normalised view to $80/bbl from $90/bbl. Near oil term forecasts reflect the prospect of a lower 3Q outturn and the base from which we see the recovery in prices rising from
Are we putting the responsilibity of exiting the crisis on central banks’ shoulders? Is ECB’s president Mario Draghi doing traders a favour by playing down the ECB’s responsibility for contributing to volatility? Professor of Financial Mathematics at Bocconi’s University Marcello Minenna answers to these questions from Milan and argues that a low interest rate environment is here to stay.
By James Alexander via Historinhas | Another day another proof of the immediate impact of active monetary policy in altering NGDP growth expectations and therefore setting the flight path to a different future.
Markets, especially stocks exchanges, will continue to suffer from a slowdown in global growth. IMF managing director Christine Lagarde warned on Tuesday that expansion in EM as well as in developed ones will be “weaker” than expected in July.
Jackson Hole does not clear up the doubts over whether or not there will be a rate hike in September.
And what if there is no lift-off in September?
If it is true that we are in a “Secular Stagnation,” we may need alternative (Keynesian) policies.