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"EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.", www.econotimes.com
"An overhaul of the Federal Reserve's monetary policy framework may be needed in order to achieve a 'full employment future.' Economic experts make that argument in a new paper for the Center for Budget and Policy Priorities (CBPP). The CBPP report explored alternatives to the Fed's current practices. The goal was to examine the proposals' potential effectiveness in promoting full employment, particularly 'the strong and sustained labor market conditions that boost living standards and career trajectories across the income distribution and contribute to broad prosperity,' the paper reads. Carola Binder, assistant professor of economics at Haverford College in Pennsylvania and Alex Rodrigue, a Haverford College math and economics major, co-authored the CBPP report. They wrote about their research in an op-ed for the Huffington Post. 'The Fed's monetary policy is not", progressillinois.com
"All Eyes On Jackson Hole Should we really expect something big to come from tomorrow’s Jackson Hole Policy Symposium? The Fed will, as usual, provide hawkish comments and hints that “a possible rate hike” before year-end is possible. Of course this will never happen, which is why investors are now very suspicious of the Fed and the normalization of interest rates. The major issue is that the US central bank needs inflation to kill its massive debt, currently above $18 trillion, before raising rates as well as a strong labour market. But, our view is that US economic health is overestimated. Indeed, unemployment tax receipts, aimed at funding the state workforce agencies by companies, have fallen over the past 4 years. This contradicts the notion that the US economy is actually creating jobs.Forex, Forex Portal, Forex Trading. Forex Trading Recommendation, Forecast, Trading Signal, Forex Training Course, Education, Tutorial, FX Book, Forex ebooks, Learn to Trade", www.actionforex.com
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