Fed’s Rate Cut Dilemma: Too Little, Too Late, or Just Right?
The European Central Bank is poised to cut interest rates again this Thursday, setting the stage for the Federal Reserve to follow suit next week...
Tag: Europe
The European project in danger
Germany’s centrist leaders might want to listen to the message voters have been sending loud and clear: if they want to prevent a drift towards...
Jackson Hole meeting: to a cut of interest rate on September
Officials from three of the world’s leading central banks announced on Friday that they are firmly on track to lower—or continue lowering—interest rates in the...
Central Bank Chaos: Divergence, Uncertainty, and the Global Economic Rollercoaster
Central bankers and policymakers are gathering for one of the world’s most significant economic forums this week. They are expected to be more divided than...
The next crisis is coming from China and the steel industry
Shanghai trader Yu Yongzhang’s annual steel sales plummeted by over three-quarters in just a few years. China is the dominant force that has long controlled...
US interest rates, back to the realities
The Fed’s view that the recent high inflation figures were transitory must now be reassessed. After a third consecutive month of price increases and the...
Oil price toward new highs, bad news for Central Bankers
When oil surged above $90 a barrel a few days ago, observers attributed it to military tensions between Israel and Iran. However, the underlying reasons...
Towards a global debt crisis?
Governments are increasingly meeting their fundraising needs by issuing debt, not only through regular auctions but also, increasingly, through syndicated sales involving paying fees to...
American producers major beneficiaries of sanctions on Russian oil
The United States is the primary beneficiary of sanctions on Russian and Venezuelan oil. American oil exports have set five new monthly records since Western...