A widely anticipated increase in United States interest rates could happen in June but Federal Reserve policymakers are split several ways over the timing. That means the rate hike could be moved back ...More
EJ Insight2015-04-09
... e Federal Reserve are expressing signs of concern. The swing in exchange rates could have an impact that extends far beyond the short-term rebalancing of the global marketplace. US President Barack Ob ...More
EJ Insight2015-04-08
... ion it is reserved for Li, Asia's wealthiest man. Walter Ngai, secretary general of the monastery, said the dormitory is not reserved for anyone in particular but visiting dignitaries could use it. H ...More
EJ Insight2015-03-30
... become a reserve currency. The Industrial and Commercial Bank of China's unit in Toronto announced the start of a clearing system for the renminbi March 23, the first in North America; this follows t ...More
EJ Insight2015-03-30
... rates and reserve requirements. Because wages are still rising, the inflation target for this year has been set at 3 percent – higher than actual inflation last year of 2 percent, even though producer ...More
EJ Insight2015-03-30
Federal Reserve chairman Janet Yellen is hinting at an interest rate hike this year and a cautious approach to subsequent increases to keep borrowing costs low for years to come. Yellen said the Unite ...More
EJ Insight2015-03-30
... rnational reserve assets created by the IMF to boost global liquidity by supplementing standard reserve currencies. The currency basket, which consists of the US dollar, euro, British pound sterling a ...More
EJ Insight2015-03-27
... S Federal Reserve chairwoman Janet Yellen is wisely trying to delay an interest rate hike in a bid to avert any policy risk. As a result, most equity markets have posted gains in the first three month ...More
EJ Insight2015-03-26
... S Federal Reserve still sticks to its stance on interest rate hike, which is widely expected by the market. The Fed is still determined to do so, although the timeline for the rate hike remains opaque ...More
EJ Insight2015-03-26
... e Federal Reserve buys – and announces that it will buy – assets; the only difference is that these assets are longer-maturity US government debt instruments and mortgage-backed securities of various ...More
EJ Insight2015-03-25
The US Federal Reserve has removed references to being "patient" about its interest rate stance in a recent policy statement, opening the door for a likely rate hike in September. We are slightly over ...More
EJ Insight2015-03-24
... e Federal Reserve series began in 1972) of 2.25 percent on January 30. The yield on the United Kingdom’s 30-year government bond fell to 2.04 percent on the same day. The Japanese 20-year government b ...More
EJ Insight2015-03-23
Seen from a broad perspective, the US Federal Reserve is unlikely to raise its key interest rate anytime soon. Let us take a look at the world's largest economy. The job market has shown sign of impr ...More
EJ Insight2015-03-19
... rnational reserve currency basket managed by the IMF consisting of the US dollar, euro, British pound sterling and Japanese yen. There has been speculation that when the IMF reassesses the weightings ...More
EJ Insight2015-03-19
The US Federal Reserve moved a step closer Wednesday to raising interest rates for the first time since 2006. But it lowered its projections for economic growth and inflation, signaling it is in no ru ...More
EJ Insight2015-03-19
With a fiscal reserve of HK$709 billion as of the end of last year, the Hong Kong government is at its wit's end trying to think of ways to spend its growing pile of cash. And so it announced on Tuesd ...More
EJ Insight2015-03-18
... n Federal Reserve chairman Ben Bernanke indicated an early end to the US central bank's bond purchasing program known as quantitative easing, the Financial Times reported. “I am afraid this may not be ...More
EJ Insight2015-03-18
... S Federal Reserve chairman Ben Bernanke, dubbed "Helicopter Ben" for his suggestion that he would drop money from a helicopter to fight deflation, set the money-printing machines in motion in the thic ...More
EJ Insight2015-03-17
... cial bank reserves at the BOJ -- ever threatened to support excessive credit growth and inflation, the BOJ could offset that danger by imposing reserve requirements on the banks. The Japanese authorit ...More
EJ Insight2015-03-17
... e world's reserve currencies. Yi Gang, deputy governor of the People’s Bank of China (PBoC), has high hopes about boosting the currency’s international stature in the near future. "Chances are high th ...More
EJ Insight2015-03-16