Deeper Analysis
Should the Fed Hold or Should it Raise?
September 14, 2015
Editorials this past weekend in the Financial Times and The Economist argue that the U.S. central bank should leave the federal funds target range at 0-0.25% at this week’s FOMC meeting. The FT makes the point that the Great Recession shook up economic structures sufficiently so as to cast doubt on how to interpret signs […] More
New Overnight Developments Abroad - Daily Update
Monday Monday, Can’t Trust That Day
September 14, 2015
Overnight changes in the U.S. dollar have been comparatively mild. It’s ticked 0.1% higher against the euro and Swissie, unchanged relative to sterling, and down versus the yen, yuan, Aussie, Canadian and New Zealand dollars. Share prices fell 2% in China, 1.6% in Japan and 0.5% in South Korea but rose 1.0% in India, 0.5% […] More
