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Fed Chair Powell's Signal Sets Stage For Global Rate Cuts As Central Banks Aim To Revive Economy
Saturday, August 24, 2024 - 9:15am | 591Read More...Officials from three of the world’s leading central banks have now hinted at potential interest rate cuts in the upcoming months. This move comes as the global economy continues to recover from the inflationary effects of the pandemic. What Happened: Jerome Powell, the Chair of the Federal...
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Rehn Calls Out France as Weak Link in Eurozone
Thursday, April 11, 2013 - 6:22am | 306Read More...The euro stumbled on Thursday morning and traded down to $1.30. Growing financial, political and social problems in the region have been weighing on the common currency recently, and many aren't expecting a resolution anytime soon. The European Commissioner for Economic and Monetary Affairs, Olli...
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Benzinga Market Primer, Thursday, Novermber 15
Thursday, November 15, 2012 - 7:26am | 1119Read More...Futures rise on stimulus hopes. U.S. equity futures rose in early Thursday trading as the Fed signaled that it may be forced to do more easing under its third quantitative easing program to stimulate the economy. Should the U.S. go over the fiscal cliff, the Fed, in its minutes of its latest...
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The Debt Dominoes Are Falling One By One
Tuesday, November 1, 2011 - 1:06pm | 932Read More...Back in July, I wrote about the debt dominoes starting to fall, but no one was caring that much. The article related to the problems in the U.S., where we eventually saw S&P downgrade U.S. debt. Yet, the issue of a debt domino is easily just as applicable to Europe as well. Last week, when...
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Angela's Ashes: EU May Draft Eurobond Legislation Despite Merkel's Objections
Friday, August 19, 2011 - 12:39pm | 783Read More...Huge news out of Bloomberg, especially if it winds up becoming true. According to the New York-based financial publication, European Union regulators may start drafting legislation for a Eurobond to help control the debt crisis, which appears to be spiraling out of control. This is a stark...
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Why Olli Rehn Is Now More Important Than Ben Bernanke
Friday, August 5, 2011 - 10:43am | 788Read More...Despite the better than expected jobs report this morning, stocks are plunging once as fears continue to abound out of Europe. The European Union as a whole is a bigger economy than the United States, and there is more uncertainty about what is ultimately going to happen in Europe than ever before...
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Does The US Need To Adopt Austerity Too? Sophis Investments Believes So
Wednesday, June 9, 2010 - 10:04am | 340Read More...According to an article on CNBC, the macro-strategist at Sophis Investments, Timothy Scala believes that the US too will have to adopt austerity measures as taken by Europe. Both the US and Europe are facing more or less the same problems. The plans presented by German Chancellor Angela Merkel on...
