The issue should be well known for US economy watchers. The unemployment rate has declined noticeably but if we factor in the declining labour force participation rate the picture looks largely unchanged. Should the Fed, then, shift focus…
The investment climate has proven extremely difficult for investors to navigate. Fed tapering and better world growth was to lead to higher interest rates. Yet interest rates for the developed world have fallen sharply in recent weeks.…
It may be something symbolic such as a small rate cut or possibly a more substantial move such as a new LTRO program, but the European Central Bank will be forced to loosen monetary policy in the near future.