Central bank leaders have discussed possible measures to address the annual meeting of the International Monetary Fund The whole world is on fire because of the situation in the United States, where began the countdown to the formal entry of payment default The initial response of central banks to a potential U.S. default entry should […]
Janet Yellen’s Nomination to Lead the Fed Boosts U.S. Dollar
The dollar has appreciated in foreign markets Wednesday, reaching the peak against the euro last week, according to an official in the White House announced that President Barack Obama will nominate Janet Yellen for president of central bank (Federal Reserve – Fed). Thus, more and more investors speculate the central bank will maintain its economic […]
Global Financial Stability Depends on the Fed
Changing U.S. monetary policy could endanger financial stability worldwide and could increase borrowing costs in some emerging countries, it said in a report released Wednesday by the IMF, reports AFP. “Predicting progressive renunciation of U.S. loose monetary policy could force some markets to adapt and to reveal areas of financial excesses and vulnerabilities,” the IMF’s […]