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Cleveland Fed chief 'comfortable' raising rates if economy keeps performing

So far Trump is irrelevant to currency pair trend evaluation. It easy to get distracted from the longer term and most important issue which is that the world economy cannot get enough growth momentum to overcome global deflationary forces. Even in ...

President Donald Trump Rally in Melbourne, Florida 2/18/17 Trump Speech

The main point is that other countries will follow the US example making it much more expensive to produce worldwide. Sure inflation will be higher and economic growth will be lower. This is all undisputed in theory and practice.

Trump's border tax could trigger inflation, but don't expect an immediate reaction from the Fed

The calm before the storm.

Australia's full-time employment increases for fourth straight month

But pace towards 'normal' is still slothful.

BoJ's Governor Kuroda: Risk for another global financial crisis fallen a lot, fall in bank...

The Federal Reserve needs to be seen to act independently of the President and Congress in attempting to achieve price stability and appropriate rate of economic growth (including jobs). If the FED strays from its mandates then the markets would ...

Trump's vast power to reshape the Fed will be the next major source of uncertainty for markets

The US political system plus populist President form a very unstable mixture - a mixture which could bring on strong recessionary forces by year end. Latin American systems are not comparable and may in the past have allowed instability to take root ...

How Economic Populism Works

The first point is that theory supports the view that free trade creates the potential for gains - it does not guarantee that gains will be made (by either side). Realising the potential depends on the quality of other economic policies (micro and ...

Brexit in a Brave New World

In 2016 these companies were not managing their foreign currency risk? Then they have paid the price for either ignorance or laziness.

Weaker sterling only mixed benefit to UK exporters: survey

Some good numbers are starting to come through (jobs, exports, confidence) and on back of better commodity prices setting a much better scene for AUD rally through to AUD80 cents. CAD also has similar hopes. 4 years since commodity bubble burst. But ...

Australian retail turnover falls 0.1% in December

I think this is right on the money. I would add that the world (including the US) economy has not yet recovered from the Global Financial Crisis. Money market interest rates remain well below historic levels and common sense economics levels. And ...

The End of Trump’s Market Honeymoon

India finally gave up protectionism 30 odd years ago and never looked back. Now the US wants attempt the tried and failed. No common ground on trade here.

Trump may have found his big ally to counterbalance China — and it's not Russia

WTO principles: Non-discrimination A country should not discriminate between its trading partners and it should not discriminate between its own and foreign products, services or nationals. More open Lowering trade barriers is one of the most ...

Spicer: Not ready to roll out border tax at this time of course not today but soon...

Is the USA a member of WTO or not?

Spicer: Not ready to roll out border tax at this time of course not today but soon...

This author might know the feeling but he doesn't know the facts. He needs to read Alex Kinmont on Japan, "The irrelevance of Japan". Boiled down if you have and encourage deep-seated internal markets which are highly imperfect, then do not look to ...

When Economists 'Try', It's Generally Kind of Ridiculous

For modern populist example check out New Zealand's Rob Muldoon 1978 to 1984 which ended in a foreign exchange crisis and recession. The parallels (although much smaller country) are revealing and help to track out the phases for the US admin. over ...

Mexican President Pena Nieto will not travel to the U.S. for the meeting with President Trump...

This is a low level comment. The USD is already very high for the current level of interest rates. USD not even mentioned. Trump concerns not mentioned. GFC not mentioned. And you don't get to be top of the FED by behaving as described.

When Will Janet Yellen Realize The Fed Is Behind The Bubble Curve?

The issue of 'normalisation' has taken a back seat to the anti-free market policies now about to emerge from Washington (perhaps). But if we zoom out we see a country still suffering from the US financial crisis, with the money markets ...

Note to U.S. Senate: Here’s What Happens When Dollar Rises 25%

Agree with headline. But, worse still, the US stance is providing ammunition to those few political leaders in China who do not want economic reforms to proceed further or not very quickly. The big risk therefore is not China slowdown but Chinese ...

Trump's decision to kill TPP leaves door open for China

"great anxiety around the world about what a Trump administration looks like" Every country has challenges and problems. So the great anxiety worsens these situations. The US admin is using a premise which is fatally flawed i.e. that US economic ...

China: We can lead world beyond 'crisis' of Western democracy and capitalism