QE doesn’t work

Santa Claus in Sweden

By Jeffrey P. Snider|2015-06-25T12:00:34-04:00June 25th, 2015|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Just a few weeks ago the Swedish central bank, Riksbank, was being lauded for its courage and action in finally embracing QE as the ECB had done. The deflation problem in Sweden had been, so it is asserted, seemingly intractable and thus forcing the monetary hand once more. Riksbank has never been shy about fine-tuning here and there, so it [...]

Not This Year – ‘Other Things Going On’

By Jeffrey P. Snider|2014-06-18T14:13:47-04:00June 18th, 2014|Economy, Federal Reserve/Monetary Policy, Markets|

“My guess is that we will see some pickup as we get into the second half of the year, but the longer we go without getting the 3% growth that many people had in their forecasts, the more concerned you have to be that there are other things going on that we hadn’t fully appreciated,” Eric Rosengren, president of the [...]

Stay In Touch

Contact