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Fed’s Bullard Says Zero Rates No Longer Appropriate for U.S.

Federal Reserve Bank of St. Louis President James Bullard said on Friday that the U.S. economy remains on a solid path that argues for raising interest rates relatively soon.
Keeping interest rates near zero “is not the right interest rate for this economy. We are much closer to our goals than we have been in a long time. Inflation is a little bit low, but it is not low enough to rationalize the zero interest rate policy,” Mr. Bullard told Bloomberg TV.

Source: http://blogs.wsj.com/economics/2015/01/30/feds-bulllard-says-zero-rates-no-longer-appropriate-for-u-s/?mod=WSJBlog

Eurozone Consumers Expect Prices to Fall

The European Central Bank‘s battle to persuade households and consumers that inflation will pick up over coming months and years just got a little tougher.

Source: http://blogs.wsj.com/economics/2015/01/29/eurozone-consumers-expect-prices-to-fall/?mod=WSJBlog

ECB’s Praet Sees Encouraging Signs on Money and Credit

Peter Praet, the ECB’s chief economist, said he sees things improving for the eurozone economy.
Associated Press


Source: http://blogs.wsj.com/economics/2015/01/29/ecbs-praet-sees-encouraging-signs-on-money-and-credit/?mod=marketbeat

Grand Central: Fed Board Quiet In Run Up To Meeting

The Wall Street Journal’s Daily Report on Global Central Banks for Monday, January 26, 2015:
Sign up for the newsletter: http://on.wsj.com/grandcentralsignup


Source: http://blogs.wsj.com/economics/2015/01/26/grand-central-fed-board-quiet-in-run-up-to-meeting/?mod=WSJBlog
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