Can Japan End its Easy-Money Addiction?
Shinzo Abe's party has recently suffered some stunning electoral defeats. But that doesn't mean "Abenomics" and its easy-money policies are over.
Shinzo Abe's party has recently suffered some stunning electoral defeats. But that doesn't mean "Abenomics" and its easy-money policies are over.
The central bank critics today who were not critics of the great bailouts and stimulus have reserved their criticisms for what hurts their interests.
Today, Janet Yellen struck a dovish tone with Congress, saying that the Fed's target interest rate is not really that low after all.
The central bank's expropriation of PrivatBank leaves many unanswered questions.
Alarm bells should go off when an economist, central banker or government official declares there’s no danger of economic turmoil in the near future.