The Erosion of the Euro Currency
It is an excellent time for US travelers to visit Europe as the euro is trading at a twenty-year low against the US dollar. At...
The Dollar Will Get Even Stronger. Why That Could Slam the Global Economy.
Even for mighty Microsoft , $595 million is a lot of money. That’s how much the software giant’s sales were reduced in the most recent...
Opinion: The Federal Reserve’s Powell has a lot of explaining to do
The Federal Reserve runs a symposium in Jackson Hole, Wyoming, every year. It’s a rite of passage for many in central banking, in monetary economics...
Fed’s Powell says bringing down inflation will cause pain to households and businesses in Jackson Hole speech
Federal Reserve Chairman Jerome Powell used the spotlight on the central bank’s Jackson Hole retreat to deliver a blunt message that the Fed will keep...
Can Central Banks Maintain Their Autonomy?
As the world’s central bankers gather this week at the Federal Reserve’s annual mountain retreat in Wyoming’s Grand Tetons, soaring prices pose the biggest test...
Dow closes down 1000 points, Nasdaq falls 3.9% after Powell warns of pain to households in inflation battle
U.S. stocks tumbled Friday, with the Dow Jones Industrial Average closing down more than 1000 points for its worst daily percentage drop since May, after...
Global Economies Flash Warning of Sharp Slowdown
Business activity in the U.S., Europe and Japan fell in August, according to new surveys, pointing to a sharp slowdown in global economic growth as...
Jerome Powell’s Dilemma: What if the Drivers of Inflation Are Here to Stay?
Central bankers worry that the recent surge in inflation may represent not a temporary phenomenon but a transition to a new, lasting reality. To counter...
Why one economist fears the Japanese yen could be headed for a destabilizing downward spiral
A prominent economist has begun to worry that Japan’s widening trade deficit could eliminate the last pillar of support for the world’s third-most widely used...
Wall Street Bets the Fed Is Bluffing in High-Stakes Inflation Game
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