Monday , 23 December 2024

Finance

Inside Scoop: Fed Rate To Increase By Infinitesimal Amount In December

Believe it or not, what follows is supposedly the transcript of a recent speech by the outspoken Gustavo Laframboise-Pierre, Global Director of Statistical Creation at the European Central Bank, to the Federal Reserve Bank of Kansas City’s “Economic Symposium”. It provides considerable inside insight into what is going to unfold regarding interest rates.

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Here’s What 4 Financial Stress Indexes Reveal About the U.S. Economy

The recent turbulence in global markets is a signal that the potential for macro risk is on the rise. One way to quantify the threat for the U.S. economy is by monitoring four financial stress indexes that are published by regional Fed banks. The following is a summary of where we stand at the moment, based on numbers collected this morning (Oct. 30).

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Canada Votes to Spend Itself Into Prosperity (+2K Views)

Canada has surprisingly often been the place where the future happens first - and it’s happening again. Last Monday, Canadian voters swept the ruling Conservatives out of power, delivering a stunning victory to the center-left Liberals led by Justin Trudeau in a clear rejection of the deficit-obsessed austerity orthodoxy that has dominated political discourse across the Western world. The Liberals ran on a frankly, openly Keynesian vision, and won big.

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