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The Fed's Dilemma: Is the Economy Slowing or Surging?
josh / Fiscal Times
Win McNamee/Getty Images Rob GarverFebruary 5, 2016 Economists and market watchers looking for clarity on interest rates will likely be disappointed. Many had hoped the combination of the January jobs report and Fed Chair Janet Yellen's semi-annual appearance before Congress next week would provide some hints about the central bank's ...
Related: Resisting Change?
Tim Duy / Fed Watch
Monday Federal Reserve Vice Chair Stanley Fischer offered up a speech and lengthy discussion on recent monetary policy. It was both illuminating and frustrating at once. Although his confidence is fading, I also sense that he is resisting change. Fischer begins by reviewing the December decision: Our decision in December ...
Related: Good Luck Drawing Conclusions About Monetary Policy
Noah Smith / Bloomberg Views
The Fed experimented a lot in the Great Recession. No one is sure if it worked.
Related: Dollar tumbles as Fed rescues China in the nick of time
Ambrose Evans-Pritchard / Ambrose Evans-Pritchard
The central banks of Europe and Japan discover that it is impossible to stave off deflation by debasing their currencies when everybody is playing the same game
 
Effects of the BOJ's negative rate policy spread
Japan Times
The effects on the everyday lives of people from the Bank of Japan's decision late last month to introduce negative interest rates are spreading. Commercial banks are lowering their deposit rates due to falling market interest rates, while the Finance Ministry has suspended the sale of government bonds targeting retail ...
Expand sublinks   Also:  Value Walk
 
China's $6.6 Trillion Toxic Loan Problem
MN Gordon / Acting Man
Rotting Vegetables "As long as you're green, you're growing. As soon as you're ripe, you start to rot," once remarked Ray Kroc, mastermind of the McDonald's franchise empire. At the moment, no truer words can be spoken for China's ripe economy. The Middle Kingdom's 30-year economic boom is being overcome ...
Related: When $3 Trillion Just Isn't Enough
Christopher Balding / Bloomberg Views
China's massive stash of foreign reserves isn't as big as it seems.
 
Income Inequality - Americans' Incomes Are Unequal, But Mobile
Guest Post / Value Walk
Income Inequality - Americans' Incomes Are Unequal, But Mobile More people at the bottom end at the top than stay at the bottom Americans often move between different income brackets over the course of their lives. As covered in an [...] The post Income Inequality - Americans' Incomes Are Unequal, ...
Related: Compared to Other Rich Countries, the United States Is Pretty Bad at Fighting Poverty
Jordan Weissmann / Moneybox
The United States has been wrestling with how best to eliminate poverty ever since the days of Lyndon Johnson. The solution, however, isn't really all that complicated: If people don't have money, you give it to them. The U.S. cut elder poverty by about half in the late 1960s and ...
Related: Mandatory Diversity Training and the Racist Injustice of Serena Williams's Multimillion Dollar Endorsements
David French / National Review
Let's check in on the University of Missouri. Last semester, campus radicals pushed out the president largely because of a few alleged racial incidents that no sentient person believed he caused or could control. Now comes the brave new world of mandatory diversity training -- where young students learn all ...
 
Oil market spiral threatens to prick global debt bubble, warns BIS
Ambrose Evans-Pritchard / Telegraph
An 'illusion of sustainability' has blinded borrowers and debtors, lulling them into a false of security. The BIS says liquidity is now drying up
Related: Tapped Out: Azerbaijan Must Diversify Its Economy Away From Oil
Petersen Institute
Azerbaijan's economy is reeling, after years of extraordinary growth fueled by oil revenues. The latest World Bank figures suggest the economy is going to contract in 2016, and the budget deficit may reach over 5 percent of GDP. The way out is diversification of exports. RealTime post by Simeon Djankov.
 
Taxing times in Scotland: what to make of the emerging debate
British Politics and Policy at LSE
The announcement by Kezia Dugdale that Scottish Labour would use devolved tax powers to add 1p to all the main rates of Scottish income tax - a similar stance to the Lib Dems, and hot on the heels of the Conservatives proposing a new intermediate 30p tax band - marks ...
 
UPDATE 1-Hamstrung central banks struggle with currency temptations
CNBC
*Graphic on UK inflation, rate: FRANKFURT, Feb 4- The world's top central banks have all but given up hope of returning to conventional monetary policy soon with many touting rate cuts, raising the risk of competitive currency devaluations and doubts they can meet their mandates. Federal Reserve and the Bank ...
 
Jeremy Corbyn: UK can push for 'a real social Europe' by staying in EU
Jessica Elgot / Guardian
Labour leader says referendum campaign will be chance to push for better workers' rights and to stand up for public ownership Staying in the European Union is in the best interests of Britain, with the referendum campaign a chance to push for more public ownership of local services, Jeremy Corbyn ...
Expand sublinks   Also:  Allister Heath
 
Large protest against Greek pension reform ends in violence
U.S. News
ATHENS, Greece (AP) - Services across Greece ground to a halt Thursday as workers joined in a massive general strike that canceled flights, ferries and public transport, shut down schools, courts and pharmacies, and left public hospitals with emergency staff.
 
The market that can't decide - is Europe good for business or not?
Interviews by Katie Allen ... / Guardian
The country is divided on the referendum and the business community is too: is it better to face the disruption of Brexit or the restrictive embrace of the EU? Leading corporate figures take up the debate Decision time over Europe is approaching for British voters. The publication last week of ...
 
Capital markets are on life support - what will it take to revive them?
Tim Wallace / Telegraph
Companies are struggling to raise money from either debt or shares in today's choppy markets, and investment banks such as Goldman Sachs and Barclays are nervously hoping conditions improve soon
 
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Capital markets are on life support - what will it take to revive them?
Telegraph
Jeremy Corbyn: UK can push for 'a real social Europe' by staying in EU
Guardian
The market that can't decide - is Europe good for business or not?
Guardian
China's $6.6 Trillion Toxic Loan Problem
Acting Man
Effects of the BOJ's negative rate policy spread
Japan Times
Income Inequality - Americans' Incomes Are Unequal, But Mobile
Value Walk
The SDR Goes the Way of the Renminbi
Petersen Institute
The Fed's Dilemma: Is the Economy Slowing or Surging?
Fiscal Times
Oil market spiral threatens to prick global debt bubble, warns BIS
Telegraph
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Link: Centre for Macroeconomics
Link: Economic and Social Research Council
 
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