Tag: interest rates

Euros & Dollars: Lower Interest Rates Are Coming

The Federal Reserve is not eager to cut interest rates, but when they get around to it, they will have to pursue two policy goals at the same time—and one goal excludes the other.

The End of the Rising Interest Rates

With two months left in 2023, the Federal Reserve and the ECB have struck a note of confidence with debt-market investors. This gives Europe hope as they slide into a recession, but will it help America avoid a fiscal crisis?

Credit Crunch Spells Bad News for Europe

Europe’s banks are in credit-crunch mode. The ECB’s decision to keep interest rates unchanged is meant to help, but it also raises the white flag on inflation.