Posts Tagged ‘Raise’
That’s the question some are starting to ask now as the market has fully priced in a 25 bp rate hike from the ECB for the Euro zone tomorrow. This comes after yesterday’s downgrade of Portugal’s debt to junk status by Moody’s who are concerned that another bailout may be required.
This also comes after the [...]
This is the question that will be asked and answered this week as there are rate policy meetings happening around the globe which will have varying results. It is no secret that commodities prices are higher (particularly oil) and that inflation is making the rounds through economies around the globe thanks to Big Ben and [...]
Quotable
“Even our subdued optimism may seem surprising, because the standard gauges of household leverage – ratios of debt to income, debt to assets, or mortgage debt to owners’ equity in real estate – paint a bleak picture of the average household balance sheet. While household debt in relation to disposable income has declined significantly [...]
Or so exclaimed BOE policy maker Andrew Sentence, as the lone dissenter of the UK Monetary Policy Committee. The minutes from the rate policy meeting were released and were surprisingly hawkish, as the committee was “surprised” by recent economic strength and the fact that inflation has remained above the government target of 3%. The market [...]
NEW YORK (CNNMoney.com) — First it was Greenspan. Now one by one other elders of the economy are speaking out against deficits, and they’re making the surprising argument for higher taxes.
Former Federal Reserve chairman Alan Greenspan was first and has taken the most extreme position, arguing that all of the Bush tax cuts of 2001 [...]
