when it comes even to sellside analysts, the BOJ has now lost credibility. Worse, when the time comes for the central bank to intervene in the yield curve - as it will have to, and as it has promised t
At the Fed and in Japan, monetary policy has lost its mojo, the Wall Street Journal writes in an editorial.
Central banks have shown the will to hit their growth and inflation targets. But do they have the way? That question is more pointed after the Bank of Japan on Wednesday announced two new central bank firsts, Greg Ip writes.
Tokyo has lost its grip on the yen, and a Fed hike may be the only solution for stopping the yen strength that's weighing on growth.
What matters for the yen, the dollar & interest rates in both the U.S. & Japan, is what the Fed does next.
Financial services are shifting away from banks in the euro zone to the so-called 'shadow banking' sector, requiring fresh rules across a range of areas to mitigate risk, European Central Bank President Mario Draghi said on Thursday.
That’s 25 million people in the US who have slipped out of the middle class during the time when the dream team has been engineering a ‘recovery.’
There are four major flash-points right now that could easily escalate and ignite a powder keg, transforming from a regional conflict or conflicts into a world war: Syria, the South China Sea, Ukraine, and North and South Korea.
The potential to unleash the “third phase” of the Global Financial Crisis.
Arguments about sound and unsound money often degenerate into a them-and-us dispute, with the supporters of unsound money casting sound money proponents as impractical out-of-date libertarian weird…
QE4 is coming and people will wake up to the fact that central bankers "are the arsonists that create the fire, not the firemen that put it out."
Political will is the obstacle in divided governments and angry electorates around the world to enact massive fiscal stimulus, but don’t be surprised to see new ways of spending our great grandkids' money arise over the next couple of years.
The country’s top white collar crime expert, William Black – who put over 1,000 top S&L executives in jail for fraud, and is a professor of law and economics at the University of Missouri – co…
About a week ago, Reuters reported that Russia’s second largest bank, VTB Bank, had agreed to supply 15-20 tonnes of gold to China over the next 12 months. VTB also plans on increasing the a…
The IMF is still worried about Portugal, saying in its latest report that the country is struggling with fragile economic growth, low investment, high public and corporate debt, and bad loans that are a burden on banks.
China will need to keep improving the transparency of its exchange rate regime once its yuan achieves reserve status as part of the International Monetary Fund's currency basket on Oct. 1, IMF officials said on Wednesday.
The War on Terror is the longest war in US history. And for the security industry, it’s the most profitable war ever. Of course it is real!
The “on the ropes” European banks like Banca Dei Paschi Siena, Royal Bank of Scotland and Deutsche Bank all have taken a beating after the ECB meeting on September 8th. But experienced some relief when The Fed did nothing … again.
The worldwide pension crisis is the next great notch in the belt of how socialism is collapsing. If anyone in the private sector promised workers pensions and
If it isn't a Depression, it's a very close relative of a Depression.