The Swiss franc has been a top currency over the past six months, outpacing the dollar by 8.9% and the euro by 7.8%, thanks to shaky conditions in Europe. But some signs suggest the Swiss currency is due for a correction.
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Most policymakers cling to orthodox levers in an effort to boost employment, but another stream of thought is picking up momentum behind the scenes. It seems the jobs are available, but workers with the right skills aren’t. The…
Stocks closed mixed with little change on Tuesday after the Federal Reserve stood pat on interest rates and warned that falling prices are becoming a bigger concern. Tuesday’s meeting did little to give equities direction after…
The U.S. Federal Reserve is keeping its existing, easy monetary policy unchanged. But, it’s prepared to take additional action, if necessary, to stimulate the economy and combat falling prices.
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August’s as-expected 0.3% consumer price index rise shows the U.S. economy is experiencing disinflation, or lower inflation, but not outright deflation. Still, current levels are about as low as the Fed wants inflation to be.
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