Analysis: Fed’s quandary: Can the economy keep motoring and inflation fall?
WASHINGTON, Feb 21 (Reuters) – A year into the U.S. Federal Reserve’s most aggressive monetary crackdown since the 1980s the strength of the U.S. economy has befuddled policymakers now faced with an unexpected dilemma: Are things too good?There’s little sign the U.S. job market, currently sporting a more-than-half-century low 3.4% unemployment rate, is weakening. Consumers […]
China foreign-exchange reserves rise $11 billion to $3.128 trillion in December
BEIJING, Jan 7 (Reuters) – China’s foreign exchange reserves rose in December, official data showed on Saturday, as the dollar fell against other major currencies.The country’s foreign exchange reserves – the world’s largest – rose $11 billion to $3.128 trillion last month, compared with $3.154 trillion predicted by a Reuters poll of analysts and $3.117 […]
Analysis: Bank of Japan’s yield curve control in danger as policy backfires
BOJ’s hope to buy time with wider yield band backfiresBoard to debate market distortions at Tuesday-Wednesday meetingMany in BOJ prefer to stand pat, some open to tweak – sourcesDec inflation seen hitting 4.0%, more pressure for BOJTOKYO, Jan 16 (Reuters) – The Bank of Japan (BOJ) is under pressure to change its interest rate policy […]