Federal Reserve

On December 14, the chair of the Federal Reserve, the central bank of the United States, officially announced the increase in the institution's key interest rate by 25 basis points, from 0.25% to 0.50%. This is the first interest rate increase by the Fed since December 2015, although Yellen initially said that we would see three to four increases ...

In a world where market signals are confused, central banks – extremely dependent on macroeconomic indicators, reforms, savings and investments with their own capital – are left on the back burner, and economies are so fragile in the face of unpredictable events, it is interesting to go back to basics and analyze through the eyes of economic laws and …

Several years after the start of the financial crisis and the subsequent launch of the quantitative easing program, politicians and central bankers reported a positive change in the values of some economic indicators, reading this as a signal of an improvement in the general situation of the economy and the labor market. In order to achieve some of the desired …

In early January, Eurostat data was released showing the first annual deflationary episode in the Eurozone since 2009 – the overall price level fell by 0.2% between December 2013 and the same month in 2014. This sent the European Central Bank and a large number of Keynesian economists into a panic. From …

The first meeting of the Federal Open Market Committee (FOMC) with the participation of the new Fed Chair Janet Yellen rather surprised the markets with Yellen's statement that within six months (i.e., March 2015 at the earliest) after the end of the current Fed program...

This year is shaping up to be a very interesting one for global financial markets, but unlike the previous five, which focused on developed economies and their debt problems, attention is now shifting to the East. It's not that the West has managed to overcome its problems and is now confidently...

As Ben Bernanke's term as Federal Reserve Chairman nears its end, the question of what the central bank's future policy will be is becoming increasingly pressing. Will Janet Yellen, President Obama's nominee to replace Bernanke, continue the Fed's current loose monetary policy, or can we expect a gradual withdrawal...