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Inflation: Understanding its Impact on the Economy

Tom Spencer

Since 2008, the rate of inflation in the U.S. For example, the Federal Reserve aims to achieve 2% inflation as an ideal benchmark to avoid its counterpart, deflation. Inflation, which refers to a general increase in the price of goods and services, results in a reduction in the purchasing power of money over time.

Policies 147
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Argentine Central Bank Chief Quits in Currency Dispute; Hyperinflation On the Way?

MishTalk

On Tuesday evening, Argentine President Cristina Fernández accused Juan Carlos Fábrega, head of Argentina’s central bank, of " provoking a devaluation of the peso ". In response Head of Argentine Central Bank Quits. There was a sharp sell-off in the benchmark Merval stock index after Mr Fábrega’s departure was announced.

Banking 69
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Is the Stock Market in Big Trouble?

The Fearless Marketer

Do you remember the stock market crash of 2008? On Monday, September 29, 2008. It plummeted because Congress rejected the bank bailout bill. On Monday, September 15, 2008, Lehman Brothers declared bankruptcy. in October for its biggest monthly drop since October 2008, while a 6.9% points in intra-day trading.

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Can we rely on LIBOR? - Tom Spencer consulting blog

Tom Spencer

At this stage, it is unclear whether the investigations will uncover any wrongdoing, and Bremmer notes that no banks or individuals have actually been charged. If banks have engaged in collusive behaviour to manipulate LIBOR, then this is a serious cause for concern. How concerned should we actually be? The LIBOR calculation.

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3 Steps to Cultivate an Innovation Culture

Organizational Talent Consulting

A financial services company engaged in investment banking and capital markets estimated the customer benefit of the Space X Falcon 9 reusable rocket. Benchmarking in the process of creating a culture of innovation in hotel companies. million per launch. Organizational Talent Consulting. Gierczak-Korzeniowska, B., & Hjeltnes, A.,

Culture 52
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More Currency Intervention Madness: Sweden Draws Line in Sand with Euro

MishTalk

In an irrational attempt to sponsor inflation, the Swedish central bank, Riksbank, slashed interest rates to -0.35% and conducted several rounds of QE. Some of Scandinavia’s biggest banks are warning investors not to underestimate the risk that the central bank is preparing to intervene in the currency market. Why the panic?

Banking 28
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Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup; 50% Tax on Internet Purchases

MishTalk

The Turkish lira plunged to a record and South Africa’s rand fell yesterday to a level weaker than 11 per dollar for the first time since 2008. While Brazil, Russia, India, China and South Africa were the engines of global growth following the financial crisis in 2008, emerging markets now pose a threat to world financial stability.