How’s Quantitative Monetary Easing Working Out?

November 15, 2010

The initiation of a second round of quantitative easing by the Fed at the start of this month sought to boost employment growth and inflation.  Officials hope to promote these goals through a variety of channels: By depressing long-term interest rates and thereby stimulating investment and housing. By lifting share prices and creating a wealth […] More

Important Week Ahead for Major Currencies

October 29, 2010

Currency market players long ago marked down the first week of November down on their calendars as one not to be missed.  Main events include 1) Tuesday’s mid-term U.S. election, 2) Wednesday’s meeting of the FOMC, 3) central bank meetings scheduled in several other countries, 4) the release of purchasing manager surveys and the monthly […] More