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Interest Rate

Don't Expect Much From Unregulated Regulators

Jack M. Guttentag | Posted 11.11.2014 | Business
Jack M. Guttentag

The seeds of this article were planted in my brain some 30-odd years ago, when I did a consulting project for HUD, for which they contracted to pay me...

Latvia, the Country Prof. Krugman Loves to Hate, Wins 1st Prize

Steve H. Hanke | Posted 09.17.2014 | World
Steve H. Hanke

Latvia, a country Paul Krugman loves to hate, takes the prize for the least miserable of the former Soviet Union countries in this sub-ranking.

The Best Monetary Policy Is Strict Financial Regulation

Anthony W. Orlando | Posted 06.18.2014 | Politics
Anthony W. Orlando

In recent years, private-sector forecasters have been surprisingly accurate at forecasting changes in the unemployment rate, but they have been equally inaccurate when forecasting changes in the federal funds rate, the baseline interest rate controlled by the Fed.

The One Percent Is Hogging So Much of Our Income That It's Holding the Economy Back

Anthony W. Orlando | Posted 02.16.2014 | Politics
Anthony W. Orlando

The reason is quite simple: Those workers are also consumers. When the 99 percent earn more, they spend more, and the one percent can produce more and earn more themselves.

'La La La La La' Anyone?

Richard Ha | Posted 02.09.2014 | Hawaii
Richard Ha

Farmers and other Ag and business people on the Big Island are in disbelief - to put it mildly - that Mayor Kenoi signed Bill 113, the anti-GMO bill, last week, without first putting together a group to research the science and investigate the serious, unintended consequences we know will result.

A Rejoinder to President Obama's Views on Oil Speculation

Emmanuel I.S. Ajuzie | Posted 01.23.2014 | Business
Emmanuel I.S. Ajuzie

The question is not whether or not speculators assist in the efficient operation of the market but whether or not that type of speculatory behavior should be extended fully to a commodity so vital to the livelihood of nations, especially people in the middle class and poor.

QE Tapering as a Wake-up Call for Emerging Markets

Otaviano Canuto | Posted 01.23.2014 | World
Otaviano Canuto

Emerging markets are not currently as vulnerable as they were in previous moments of global interest rate hikes.

Quantitative Easing: Is it the Solution to all Our Economic Problems?

Emmanuel I.S. Ajuzie | Posted 01.23.2014 | Business
Emmanuel I.S. Ajuzie

The Fed has been trusted with the responsibility of keeping inflation and unemployment low. Because of the inverse relationship between the two, policy makers have not always found it easy to carry out both assignments.

How Treasury Yields Affect Student Loan Rates Under New Bill

MyBankTracker | Posted 10.15.2013 | College
MyBankTracker

Following a lengthy battle between lawmakers, President Barack Obama finally signed the bill on Friday that reduced the federal student loan interest rates for millions of students.

Bankrupt Sovereigns: Is There an Orderly Way Out?

Otaviano Canuto | Posted 08.10.2013 | World
Otaviano Canuto

An orderly sovereign debt restructuring would be one that places the debtor nation's public debt on a sustainable trajectory, while minimizing procrastination and contagion. However, orderly debt restructurings may remain elusive, even with high-powered official intervention.

Forget About Those Good Signs In Europe

AP | PAN PYLAS | Posted 11.19.2012 | Business

LONDON (AP) — Europe appears headed for a deepening economic recession despite a recent easing in market concerns over the three-year debt crisis, a...

Piggy Bank Apps Bring Seamless Saving To Smartphones

The Huffington Post | Catherine New | Posted 07.06.2012 | Money

Resist the urge to spend 99 cents on iTunes for a game and digitally toss that change into your piggy bank instead. That's the big idea behind one new...

Lost In The Funhouse: The Twisted World Of Mortgage Lender Error

Ben Hallman | Posted 01.27.2012 | Business

Ben Hallman reported and wrote this story as a staff writer at the Center for Public Integrity. He recently joined The Huffington Post. Like milli...

Ben Bernanke: Federal Reserve Not 'Out Of Ammunition' Yet

AP | By MARTIN CRUTSINGER | Posted 01.25.2012 | Business

WASHINGTON -- The Federal Reserve's announcement that it is unlikely to raise its benchmark interest rate until late 2014 is simply its "best guess," ...

CardRatings Hall of Shame: Worst Credit Cards of 2011

Curtis Arnold | Posted 03.13.2012 | Business
Curtis Arnold

It's hard to avoid noticing some offers that would have been better left on a marketing team's whiteboard. Our panel of credit card experts found this year's five worst credit card offers, along with one account that's worthy of a second look.

U.S. Stocks Plunge In Early Morning As Volatile Streak Continues

AP | STAN CHOE | Posted 10.10.2011 | Business

NEW YORK — Back to reality and back down, Wall Street focused on the bleak landscape ahead for the economy Wednesday and wiped out its big gains...

Regulators Investigate Whether Banks Formed Cartel To Manipulate Interest Rates

Posted 06.14.2011 | Business

U.S. regulators are probing whether some major banks colluded to manipulate a global benchmark interest rate before and during the financial crisis,...

Fed Official: High Unemployment Isn't Inevitable After Bubbles Collapse

Posted 05.25.2011 | Business

The collapse of an asset bubble will not necessarily lead to higher unemployment as long as monetary policy is loose enough, a top Federal Reserve...

What We Can Learn From Central Banks About Managing Our Wealth

Gemma Godfrey | Posted 05.25.2011 | Business
Gemma Godfrey

These trade wars are turning into foreign exchange market turbulence. So what are these so-called "currency wars"? And what can we learn from them?

Interest Rate Increase Debate Intensifies Inside Fed

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease h...

Fed Raises Discount Rate:

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The Federal Reserve decided Thursday to boost the rate banks pay for emergency loans. The action is part of a broader move to pull ...

Is the Next Financial Crisis Approaching? The Case of Public Debt

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

China and other foreign countries will not endlessly finance the US budget deficit; China recently sold $34 billion of American treasuries, and now holds less US debt than Japan.

The US Dollar: Don't Just Do Something, Stand There!

Marshall Auerback | Posted 10.15.2009 | Business
Marshall Auerback

It seems there isn't a day that goes by without more commentary on the demise of the dollar and the concomitant risk of a collapse of the world's reserve currency.

The Critics and the Credit Cards

Christopher Brauchli | Posted 05.25.2011 | Business
Christopher Brauchli

Credit card companies do not limit themselves to tutoring consumers in the art of financial responsibility. They try to insure that everyone who wants a credit card has one.

Fed Cuts Interest Rate By 3/4 Point

Reuters | Posted 05.25.2011 | Business

The Federal Reserve slashed a key U.S. interest rate by three-quarters of a percentage point Tuesday, a substantial cut but smaller than many in finan...