Let’s be honest, most of us have a pretty shaky relationship with the Federal Reserve. On one hand, we know these people hold the levers that can make our mortgage rates soar or our 401(k)s tank. On the other hand, trying to understand what they’re actually thinking can feel like deciphering ancient runes. They speak […]
Title: Markets Think The Fed Is Certain To Keep Rates Steady This Week. Why 3 Experts Say That Could Be A Mistake. – Business Insider You can almost hear the collective yawn from Wall Street. Another Federal Reserve meeting, another expected decision to hold interest rates steady. The market has priced in a near 100% […]
So, Kenya and the IMF Are in a Standoff. It’s Getting Tense. Let’s talk about money. Or, more accurately, let’s talk about the lack of it and what happens when the world’s most powerful lender of last resort and a major African economic powerhouse can’t quite see eye-to-eye. Kenya is in a bind, and the […]
That Familiar Tug-of-War: IMF Rings Alarm Bells (Again) as Strong Dollar Squeezes Emerging Markets You know that feeling when you borrow money in one currency, but your income comes in another? Imagine that on a national scale, multiplied by a few billion, and you’ve basically got the sweaty-palmed reality facing dozens of emerging market economies […]
Turkey’s Central Bank Hits the Brakes: Rate Cuts Halted as Currency Plummets and Inflation Roars Okay, let’s talk Turkey. And I don’t mean the Thanksgiving bird. We’re talking about the country straddling Europe and Asia, currently experiencing an economic storm that makes a Black Sea squall look like a light drizzle. The headline grabbing everyone’s […]
