The US Dollar
The US dollar is the main global reserve currency and most international transactions employ US dollars as the means of exchange. The US has exploited its dominant position in global […]
Fed
Fed eyes more stringent rules on foreign banks
The US Federal Reserve is considering imposing stricter rules on foreign bank branches to tighten what critics say is a loophole that has allowed overseas lenders to shield assets from […]
Fed says to be patient with rates
The Federal Reserve believes US growth will “step down” this year from last year’s rapid pace amid rising global risks, including from tense trade relations, according to minutes released on […]
Fed says it will be patient on rates
The Federal Reserve opted not to raise interest rates during its policy meeting this week and pledged that future moves will be done patiently and with an eye toward how […]
US Fed is going to hold rates
The Federal Reserve will make its first interest rate announcement of the year on Wednesday (Jan 30) but almost certainly will make it clear it will remain patient about any […]
News and Fake News about Quantitative Tightening
For almost eighteen months, the Fed has been letting its portfolio of assets deflate. This initiative, prepared and communicated on long ago, rolled out automatically and gradually, had not really […]
US inflation: temporary respite in 2019
As a result of the recent decline in oil prices, US inflation is expected to slow significantly in the short term, with a low point in the region of 1.5% […]
Fed Chair Powell is worried about growing US debt
Federal Reserve Chairman Jerome Powell is concerned about rising US debt. The annual debt in 2018 topped $1 trillion, while the overall deficit was $21.9 trillion as of January 8, […]