U.S. Employment Jumps Sending Unemployment Rate to a Six-Year Low
Even with 288,000 new jobs added to the economy and the unemployment rate at its lowest level since September 2008, the American economy is far from its full potential and low interest rates are warranted for some More...
Argentina’s default weakens the prospects for the peso amid expectations for talks with holdout creditors
Argentina’s default last week triggered investor expectations of a further depreciation of the national currency which would create additional headwinds for the economy. Argentina’s default last week, the second More...
Japan retail sales fall in a weak second quarter, Japanese PM bids for reflation
Japan’s decline in retail sales challenges Japanese Prime Minister’s effort to attain domestic demand recovery, as companies do not offer higher wages to help household deal with the price hikes and higher taxes. More...
Former Fed Chairman Greenspan on the economic situation and bubbles management
Greenspan shares his opinion on the economic situation, past bubble developments and bubbles management. Alan Greenspan, former chairman of the Federal Reserve, is going to publish a book entitled “The Map More...
IMF’s Christine Lagarde sees global economic activity accelerating though with slightly weaker momentum
IMF’s Lagarde said global growth is accelerating, but stressed the need for a boost in public investment, where this would not cause unnecessary risk to public finances, and for continued structural reforms. The More...
U.S. employment jumps sending unemployment rate to a six-year low
Even with 288,000 new jobs added to the economy and the unemployment rate at its lowest level since September 2008, the American economy is far from its full potential and low interest rates are warranted for some More...
