"I don't see raising the target range for the fed-funds rate above its current low level in 2015 or 2016 as being consistent with the pursuit of the kind of labor market outcomes that we are charged with delivering." Read more
Looks like China's "competitive devaluation" has blown up in its face 'ey? This or the Politburo (the non-capitalists that they are) have not yet heard about British economist David Ricardo's theory on comparative advantage. Read more
"Most FOMC participants, including myself, currently anticipate that achieving these conditions will likely entail an initial increase in the federal funds rate later this year, followed by a gradual pace of tightening thereafter. But if the economy surprises ... Read more
The prevailing market psychology is that either the Politburo is willing no more to underwrite the economy to ensure that its 7.0% growth target is achieved; or that, it's willing but failing to underwrite the economy to ensure that its 7.0% growth target ... Read more
We invite you to watch our latest video featuring Sebastian MacKay, Investment Director, Multi Asset Investing at Standard Life Investments.
In this short 2 minute clip, MacKay discusses the key objectives ... Watch video
One in four Australians will outlive their retirement savings by more than 10 years. Longevity risk - the risk of outliving your savings - is one of the biggest economic and social issues facing ... Watch video
Get it Daily
FREE to your inbox, get the Financial Standard Daily Email.