Nominal anchors away
Article Abstract:
The author argues that inflation expectations must remain firm despite sharply rising oil prices in order to prevent a more severe economic slowdown in the future. In such a situation, real interest rates will be forced to rise because cutting them will only weaken inflation expectations.
Publisher: Institute of Chartered Accountants in England & Wales
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2008
United Kingdom, International aspects, Economic conditions, Global economy
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2008
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Will the Fed save the day?
Article Abstract:
The U.S. Federal Reserve's interest rate cuts in October 2007 rallied financial markets across the world, but experts fear that the move could result in a major financial crisis in the longer term.
Publisher: Institute of Chartered Accountants in England & Wales
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2007
Interest Rates, Economic aspects, Financial markets
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2007
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Comment about this article or add new information about this topic:
Subjects list: United States, Forecasts and trends, Market trend/market analysis
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