[Skip to the end] Karim writes: AMEX notes consumer spending slowed in latter part of quarter, suggesting effect of fiscal impulse waning. CAT driven by
Europe Inflation Accelerates to 3.5%, Sentiment Drops By Fergal O’Brien (Bloomberg) European inflation accelerated to the fastest pace in almost 16 years, making it harder
While problems in the US financial sector pose risks for the real economy, systemic risk to the payments system is not an issue. The US
(an interoffice email) Deep, Interesting! In the case of a bank failure, Spain still is the entity that would repay depositors. To get the funds
Same twin themes taking hold – weakness and inflation. Highlights: US Mixed data EU Softening data could change ECB’s inflation rhetoric JN CPI Higher on
Not to mention my bent is inflation and growth are, at best, very weak functions of interest rates, and they work mostly through the cost
Trichet expresses the mainstream view of monetary policy: “The financial market correction — it’s a very significant correction with turbulent episodes — that we are
ECB reiterates rate hike warning FRANKFURT(AFP): The European Central Bank (ECB) reiterated Thursday a strong warning about eurozone inflation, calling for price and wage moderation
If conveying information is considered important for market function, why not just say it clearly and directly in a targeted announcement? Kohn Says Fed Is
Dear Philip, Yes, as in my previous posts, bank stability is all about credible deposit insurance. I would go further, and have all regulated, member