The US Fed has cut rates twice in recent months and the market expects more of the same, as economic conditions become increasingly uncertain in the US and across the globe.
Today we have published our latest central bank data for August. As usual, I’ll be summarising the key highlights. But if you want to dig a little deeper, you can find our central bank data set here.
In less than 48 hours, trade deal despair has turned to full-blown euphoria, and with Brexit optimism thrown in to boot, it appears that many of the world's problems may be solved in just a few hours... or not.
"...we could have the situation where each country is trying to grab whatever isn’t nailed down if there is another scare..."
Eurozone central bankers divided about scope of bond-buying program and skeptical about negative rates.
More than 1.3 million of the estimated 3.6 million EU citizens residing in Britain have applied to the Settlement Scheme, British government figures show.
Saving $3 million for retirement might sound impossible right now, but you can get there, regardless of your age. How much you'll need to save every month varies drastically depending on how old you are and when you start saving.
Based on their fears of a potential recession, 17% of Americans have stashing cash at home, according to a new poll from MetLife
Yes, the American consumer loves to consume. Maybe an electric dog polisher and a fur sink are a bit extreme, but the U.S., with its relatively low savings...
And what the government can do about it.
Lots of people would like to create their own pension but don’t have the cash in their nonretirement accounts to buy an annuity, which often requires a large lump-sum premium to provide a substantial monthly payout later on.
...it may not be enough to create a major uptick in home-buying activity...
Dave Kranzler says just like in late October, 2008, gold's price action is sending a loud alarm. Here's why...
Gold Sheds $22 on Renewed Us-China Trade Deal Optimism...
As for the bigger picture, with the Fed loading up on short-term debt, it will then have enough ammo to conduct not only another QE program but to potentially launch another Operation Twist in the not too distant future should the curve steepen too much...
The “jury is out” on whether the current slowdown in the U.S. economy will turn more severe amid weaker global growth and uncertainty over trade policy that’s chilling investment, according to Federal Reserve Bank of Dallas President Robert Kaplan.“I think we’re in a fragile period in
In this final part of the series, Mike and Chris discuss the ramifications of the growing political divide in the USA. What are the solutions? What can we do? Stay tuned until the end for Mike's trademark answer to these most important questions.
The low rate of inflation, reflected in the CPI and other price barometers, may allow the Fed more leeway to trim rates if growth in the economy continues to slow.
The U.S. Federal Reserve on Thursday unveiled a final package of rules easing capital and liquidity requirements for domestic U.S. and foreign banks that were originally introduced following the 2007-2009 global financial crisis.
Here's how much they're worth today.