... S Federal Reserve switching to a more hawkish stance, indicating earlier rate hikes, and removing all reference to the word “transitory” when it came to discussing inflation. As a result, investors pa ...More
EJ Insight2022-03-09
... 》（Federal Reserve Act），既成立了聯儲局制度，亦容許美國銀行大量為商戶提供美元貿易信貸，英 ...全文
... -exchange reserves) is arguably a masterstroke. True, Russia has diversified its reserves away from the dollar in recent years. But judging by the scale of the international response and its immediate ...More
EJ Insight2022-03-04
... -exchange reserves to buy needed imports, which cost $380 billion (25% of GDP) in 2021. To pay for imports from a Western country, you need euros, dollars, or another Western currency. Italian or Fren ...More
EJ Insight2022-03-03
In 1955, then-US Federal Reserve Chair William McChesney Martin famously said that the Fed’s job was to take away the punch bowl “just when the party was really warming up,” rather than waiting until ...More
EJ Insight2022-02-25
So far this century, the US Federal Reserve has been relentlessly gradualist about increasing the federal funds rate. Since its last 50-basis-point rate hike in May 2000, the Fed has increased its pol ...More
EJ Insight2022-02-23
... S Federal Reserve and other major central banks raise their policy rates and taper and reverse their balance-sheet expansions. Slower global growth will weigh on commodity prices and export receipts. ...More
EJ Insight2022-02-18
... S Federal Reserve fell behind the curve, and inflation expectations became unmoored. Consumers, producers, and workers all expected prices to keep rising at the same or even an accelerating pace. Acco ...More
EJ Insight2022-02-11
... 》（Federal Reserve Act），規定聯儲局有保持物價穩定及促進全民就業的「雙重使命」。可是，筆者 ...全文
今日信報理財投資前沿思考John Mauldin2022年02月11日
... S Federal Reserve now considering a new policy stance, it is worth noting that periods of rapid structural change often call for a higher optimal inflation rate, owing to the downward nominal rigiditi ...More
EJ Insight2022-02-08
... S Federal Reserve and capital scarcity worldwide put upward pressure on interest rates. Moreover, public debt is only part of the problem. Since the onset of the pandemic, the debts of households and ...More
EJ Insight2022-02-04
... S Federal Reserve set to tighten monetary policy in the face of rising inflation, the US stock market has tumbled. But even if market ebullience or strong exports in the world’s biggest economies were ...More
EJ Insight2022-01-28
The Federal Reserve is expected to hike rates by 25 basis points each in March and June this year, said Standard Chartered in a research report. This is likely to be followed by a pause in the second ...More
EJ Insight2022-01-06
Who is going to clean up the inevitable financial mess in emerging markets if persistent inflation forces the US Federal Reserve to start raising interest rates significantly? The International Moneta ...More
EJ Insight2022-01-05
