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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. Wes Brooks is an incoming Summer Business Analyst at Cicero Group and an undergraduate studying economics, management, and strategy.

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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Can we rely on LIBOR? - Tom Spencer consulting blog

Tom Spencer

IN A RECENT article by Bloomberg Businessweek , assistant managing editor Brian Bremmer reports that investigators in America, Canada, Japan, the UK, and the EU are trying to determine whether a handful of brokers and traders have manipulated LIBOR. How concerned should we actually be? The LIBOR calculation. 150 rates in total).

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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. European Conference on Knowledge Management, 833. Creativity and Innovation Management, 21 (3), 304-314. million per launch. Çokpekin, Ö., & & Knudsen, M. Doolittle, J.

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.

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Fed a Creature of Financial Markets; The Draghi PUT; Global Crisis Coming Up

MishTalk

It has now taken the first step toward returning its benchmark policy interest rate – the federal funds rate – to a level that imparts neither stimulus nor restraint to the US economy. The problem arises because the Fed, like other major central banks, has now become a creature of financial markets rather than a steward of the real economy.