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1. “Google’s Alphabet Inc. to Launch Major Capital Raise” - Reuters, April 12, 2019 2. “The Fed is Expected to Cut Interest Rates This Year” - The Wall Street Journal, April 12, 2019 3. “Why Investors Should Be Mindful of Rising Interest Rates” - CNBC, April 11, 2019 4. “Why the Boom in Interest Rates Might Be Short-Lived” - Financial Times, April 10, 2019 5. “Interest Rates Set to Rise, But How High?” - Bloomberg, April 9, 2019 6. “Interest Rate Increases are Here to Stay” - The New York Times, April 8, 2019 7. “What You Need to Know about Rising Interest Rates” - MarketWatch, April 7, 2019 8. Video: “How Rising Interest Rates Will Impact Your Finances” - CNBC, April 6, 2019
Like John Stuart Mill, I´m more interested in credit than in money. Developments in the amount of credit provided are much more instructive to the economist than data on money. Look at the graph below (no. 2 in the ECB press release) , a highly Post-Keynesian graph that originated from the pre-Euro Bundesbank and is…
In a Barron’s interview published on Thursday, New York Federal Reserve Bank (Fed) President John Williams said that he “sees inflation cooling and interest rates falling further.” He further noted that “2% is the rate that can best balance the central bank’s employment and price stability goals.” .
Euro continues to trade on the softer side in an otherwise directionless market. Yet it's holding above its low against Dollar, lacking sufficient momentum for a decisive breakout. Market participants and ECB policymakers are grappling with critical questions regarding the pace at which interest rates should be reduced towards neutral, and whether the terminal rate in this easing cycle might dip below that neutral point. These deliberations are complicated by differing views within the ECB.