An applied Friedmanite, Volcker understood that excess growth of the money supply was the root cause of this near-hyperinflation. He knew that the Fed cannot solve all economic woes. It can, however, ...

Kuwait: Kuwait Financial Centre “Markaz” released its Monthly Market Review report for January 2025. Kuwait equities outperformed global and GCC markets driven by the anticipation of strong earnings ...

Last week the Federal Reserve described the US labour market as “solid” and noted that the unemployment rate had stabilised. This week’s monthly jobs report on Friday will put that view to the test.

Other releases scheduled this week include Purchasing Managers’ Index (PMI) reports for the manufacturing and services ...

The public want a single number. They really need a story.” So said Charles Kindleberger, economic guru of financial bubbles and busts.

The Fed sets short-term interest rates, but does not directly control mortgage rates, which tend to move in tandem with the yields on long-term bonds. Those long-term rates are dependent on investor ...