Draghi's money printing continues to this day and will amount to a minimum of $2.4 trillion worth by the end of this year.
China's financial system suffered a cash crunch last week as new regulations designed to curb shadow banking caused big lenders to hoard funds, highlighting the danger of unintended consequences from official moves to lower their debt
Offering his strongest denial to date of the chance of withdrawing its massive stimulus any time soon.
It’s time to stop paying banks for holding reserves at the Federal Reserve, and time to shrink the Fed’s balance sheet, writes Caroline Baum.
And They May Not Be Able to Stop It
And, unsurprisingly, they are still selling.
Prins making a sobering case that we are far worse off today than we were before the 2007-08 crisis.
While the Japanese & Swiss central banks have turned themselves into hedge funds by loading up on equities, the US Fed has stuck to supporting the stock market indirectly, by buying bonds.
The multilateral institution, seen as a rival to the Western-dominated World Bank and Asian Development Bank, was initially opposed by the United States but attracted many U.S. allies including Britain, Germany, Australia and South Korea as founding members. Canada applied to join the AIIB last year.
Let's hope Washington makes both pension reform and Social Security reform a priority in the near future.
With the defeat late Friday of the Trump-Ryan healthcare bill, the realization that Generally Accepted Narrative of 2017 is in jeopardy has suddenly seemed to grip the "markets":
Berlin police say thieves broke into the German capital's Bode Museum and made off with a massive 221-pound gold coin worth millions.
In China, gold is traded in Shanghai, in Russia, Moscow. Our idea is to create a link between these sites in order to intensify trade between our marketplaces," Shvetsov said.
As policymakers battle over President Trump's economic initiatives, they won't have to worry about the U.S. becoming a deadbeat — yet.
President Trump & Republicans in Congress will start this week on a legislative obstacle course that will be even more arduous: the first overhaul of the tax code in three decades.
President Trump and Republican leaders need to "regroup" quickly
Measures of risk are rearing their heads back up, with the CBOE Volatility Index trending higher.
The investor love affair with gold is just about to get a reboot.
In several major economies it's crunch time for the future of cash. Goldman Sachs notes that this is largely policy-driven: tangible steps are being taken to wean economies off cash
Trump's failure to pass healthcare reform raised doubts over his ability to push through his economic agenda.