The real problem right now though, according to BofA Merrill Lynch economist Ethan Harris, is actually the opposite - disinflation (positive, but falling inflation rates). "For central banks," many of
The European Banking Authority said Thursday that European banks have a €114.7 billion ($153.2 billion) capital shortfall that needs to be filled by June 2012 in order to create a buffer against a range
Credit rating firm Moody’s is out with another quick note on the Cyprus situation, ahead of the planned reopening of the troubled island nation’s banks Thursday. The takeaway: The risks of Cyprus leaving
But there has been much confusion about what metrics to track. Should we be watching broad money supply, measures of credit like loan growth, total social financing (TSF) and so on, or interest rates.