President Obama’s Essay on Economic Policy after the Election: “The Way Ahead”

The Economist “The Way Ahead” – President Barack Obama.   Much of the protectionist mood in the US is driven by anti-immigrant sentiment and a resurgence in nativism “How has a country that has benefited—perhaps more than any other—from immigration, … Continued

Fed Chair Janet L. Yellen at Jackson Hole, Wyoming

https://www.federalreserve.gov/newsevents/speech/yellen20160826a.htm Current economic situation in the US “U.S. economic activity continues to expand, led by solid growth in household spending. But business investment remains soft and subdued foreign demand and the appreciation of the dollar since mid-2014 continue to restrain … Continued

European Central Bank (ECB) Press conference July 2016

posted in: Banks, ECB, Europe, Monetary Policy, Notes | 0

https://www.ecb.europa.eu/press/pressconf/2016/html/is160721.en.html Mario Draghi, ECB President Financial markets were resilient post-Brexit with help from central banks “Following the UK referendum on EU membership, our assessment is that euro area financial markets have weathered the spike in uncertainty and volatility with encouraging … Continued

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