Deeper Analysis
Since Bernanke’s Press Conference
May 17, 2011
The first post-FOMC press conference was held three weeks ago less a day, and minutes from that April 27 meeting will be released tomorrow. One of Chairman Bernanke’s assertions that day was that an end to the central bank’s second round of quantitative easing would be unlikely to impact long-term interest rates much, since it […] More
New Overnight Developments Abroad - Daily Update
U.K. Inflation Jumps Anew
May 17, 2011
The dollar recovered 1.2% overnight against the yen and 0.3% against the Swissy but is down by 0.3% against the pound and euro, 0.2% versus the Canadian dollar, and 0.1% relative to the Australian and New Zealand dollars. The yuan is unchanged. Stocks were steadier than they’ve been recently, climbing 0.7% in Australia, 0.5% in […] More
