EXTREME MONETARY POLICY & OIL PRICE SHOCK

EXTREME MONETARY POLICY & OIL PRICE SHOCK

January 2015 ​ ​ Central banks try to control monetary policy with the printing of money and movement of short-term interest rates. Switzerland recently joined Japan and the European Union (EU) in creating negative interest rates. In these regions, banks now charge...
GLOBAL MONEY PRINTING CONTINUES

GLOBAL MONEY PRINTING CONTINUES

January 2014 Last month, the US Federal Reserve Bank (the Fed) celebrated its 100-year birthday with a $4 trillion balance sheet. The Fed had less than $1 trillion in assets in 2006 before the financial crisis. Janet Yellen is expected to replace Ben Bernanke as the...