interest rates

The New Year In Business

Currencies and central bank decisions may shape the year ahead BY Nour E. Al-Hammoury Looking back at 2015, it’s clear that it’s been one for the history books—for several reasons. Stand-out factors include the release of long-unseen economic data, dwindling oil prices and a sovereign economy that was tested and found wanting, as Greece defaulted

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Fed Is Data Dependent Now

As Dollar Index remains within the same tight margin, it’s best to sit and watch BY Nouraldin Al Hammoury The U.S. Federal Reserve raised the Fed Fund Rate, (interest rate), by a quarter of a percentage point for the first time in nearly a decade this month. This ended a long debate regarding the economy’s

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Global Economy: A Not-Entirely-Dead Week

By Jeremy Gaunt LONDON, Dec 6  – The calm before the storm? Here comes the “dead week” before the U.S. Federal Reserve raises interest rates for the first time since June 2006 – nine and a half years ago. It will be a week of last-minute positioning by financial markets before the expected hike on Dec. 16

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