Slower U.S. payroll growth dims September Fed rate hike prospects

Sep 3, 2016

Slower U.S. payroll growth dims September Fed rate hike prospects

U.S. employment growth slowed more than expected in August after two straight months of robust gains, and wages were tepid, which could effectively rule out an interest rate increase from the Federal Reserve this month. Nonfarm payrolls rose by 151,000 jobs last month after ...

Yellen rejects radical overhaul of Fed's policy tools

| Aug 27, 2016

Yellen rejects radical overhaul of Fed's policy tools

For all the talk of a radical shift in central banking policy, from the permanent use of negative rates to printing “helicopter money,” Federal Reserve Chair Janet Yellen appears to believe she can tackle any downturn using the tools currently at her disposal. Speaking ...

Feb 2, 2016

Will Kuroda's gamble work?

The latest BOJ step appears to point to the limits of what the central bank alone can do to achieve its goal of ending deflation.