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US Federal Reserve

Without Coordination, U.S. Fed Policy Can Hurt Global Growth

Raghuram Rajan | Posted 06.28.2014 | World
Raghuram Rajan

As the world struggles to recover from the global economic crisis, the unconventional monetary policies that many advanced countries adopted in its wake seem to have gained widespread acceptance. In those economies, however, where debt overhangs, policy is uncertain, or the need for structural reform constrains domestic demand, there is a legitimate question as to whether these policies' domestic benefits have offset their damaging spillovers to other economies. The disregard for spillovers could put the global economy on a dangerous path of unconventional monetary tit for tat. To ensure stable and sustainable economic growth, world leaders must re-examine the international rules of the monetary game, with advanced and emerging economies alike adopting more mutually beneficial monetary policies.

The Bond Market Disagrees With The Fed: So What's New About That?

Terry Connelly | Posted 06.22.2014 | Business
Terry Connelly

Bond traders seem to have seen Steve Martin's The Man With Two Brains so often they have forgotten it was a comedy. And these are the folks the equity markets are supposed to pay attention to?

U.S. Monetary Policy and Its Effects on Latin America

Alejandro Werner | Posted 03.18.2014 | Business
Alejandro Werner

The volatility since May 2013 tells us that the process of normalization of U.S. monetary policy will be complicated and volatile. So it is smart to prepare for bumps.

Beyond Borders: Growth Challenges for Emerging Markets

Kalpana Kochhar | Posted 03.16.2014 | Business
Kalpana Kochhar

A number of emerging market economies have been on a rollercoaster since the U.S. Federal Reserve announced last May the eventual tapering of its asset purchase program. This is another reminder of how susceptible these economies remain to economic conditions outside their borders.

Redemption

Asher Edelman | Posted 01.23.2014 | Politics
Asher Edelman

Sin and Redemption, often the cry of the religious right politicians, a possibility for the Federal Reserve Bank to restore its reputation. Through Q...

Japanese Stocks Plunge More Than 6 Percent

Reuters | Posted 08.12.2013 | Business

TOKYO, June 13 (Reuters) - The Nikkei average tumbled 6.4 percent on Thursday, hitting its lowest close since April 3 - the day before the Bank of J...

G20: 'We Refuse To Enter Any Currency War'

Reuters | Posted 04.18.2013 | Business

* Underlines need to restore growth over cutting debts * Japan escapes criticism over currency policy * Communique harde...

Stocks Fall On Fed Statement

Reuters | Posted 04.01.2013 | Business

NEW YORK, Jan 30 (Reuters) - U.S. stocks fell on Wednesday after the Federal Reserve said in its latest statement that economic growth had stalled b...

Governments May Actually Need To Help Boost Growth, Leaders Say

Reuters | Posted 11.24.2012 | Business

* G20 deputies eye global economy with concern * Delegates say "currency wars" not big issue * Urge governments to do mo...

Paul Volcker: Volcker Rule Too Complicated

Posted 01.09.2012 | Business

The Volcker rule is too long and complicated and financial lobbyists are to blame, said the man who gave his name to the new regulation on bank tr...

Index: Detroit, D.C. Home Prices Rose Last Year, Slumped In 18 Other Cities

AP | DEREK KRAVITZ | Posted 11.27.2011 | Business

WASHINGTON — The depressed housing market flashed a positive signal in July, with home prices in most major U.S. cities rising for the fourth straig...

Pity the Policymaker

Mohamed A. El-Erian | Posted 09.21.2011 | World
Mohamed A. El-Erian

Six important issues speak to the problem for policymakers in Europe, the US, and Japan. First, all three economic areas are struggling with unsettling de-leveraging dynamics.

IMF: Capital Flows To Emerging Markets May Slow With Fed Hike

Reuters | Posted 06.07.2011 | Business

WASHINGTON - The surge of hot money that has vexed many emerging markets may slow dramatically once the U.S. Federal Reserve begins raising interest...

Is The Fed Move Enough To Ease The Credit Crunch?

Reuters | Posted 05.25.2011 | Business

The U.S. Federal Reserve and other central banks teamed up to get hundreds of billions in fresh funds to cash-starved credit markets, allowing financi...

Euro Soars to Record High $1.5057

AP | MATT MOORE | Posted 05.25.2011 | Business

BERLIN — The euro climbed to a record high of $1.5057 in early European trading on Wednesday as sentiment increased that the U.S. Federal Reserv...

Crude Oil Hits $99 A Barrel

AP | Pablo Gorondi | Posted 05.25.2011 | Business

Crude oil prices rose above a record $99 per barrel Wednesday as worries about inadequate winter supplies in the Northern Hemisphere and news of refin...

Oil Prices Climb To Yet Another High

AP | Gillian Wong | Posted 05.25.2011 | Business

Oil prices climbed to a fresh high above $81 a barrel amid hopes that the U.S. Federal Reserve will cut a key interest rate later Tuesday, a move the ...