by Stephen Roberts | 23 Sep, 2013 | Economic Weekly, Laminar Economist Stephen Roberts
The main message from the US Federal Reserve’s (Fed) decision not to start tapering its $US85 billion bond and mortgage buying program (QE) is one of concern that US economic growth is still not improving sustainably. To back up this point the Fed lowered its annual... by Stephen Roberts | 9 Sep, 2013 | Economic Weekly, Laminar Economist Stephen Roberts
The Reserve Bank (RBA) left the cash rate at 2.50% at its board meeting last week, a decision that was very widely expected. The statement accompanying the decision was brief, but was notable for removing a key sentence from statements after earlier policy meetings... by Stephen Roberts | 26 Aug, 2013 | Economic Weekly, Laminar Economist Stephen Roberts
After an absence of five weeks it is interesting viewing how the economic landscape has changed. In the US, mounting evidence of sustainable economic growth and slightly higher inflation has increased concern in financial markets that the Fed is on track to start... by Stephen Roberts | 1 Jul, 2013 | Economic Weekly, Laminar Economist Stephen Roberts
Risk asset were more volatile in June coming to terms with the firming prospect of the US Fed starting to taper its bond buying (QE) later this year as well as the prospect of a period of softer growth in China as the authorities work to tame residential property... by Stephen Roberts | 24 Jun, 2013 | Economic Weekly, Laminar Economist Stephen Roberts
Risk markets and bond markets have weakened – sharply in the case of equity markets – since late May when Federal Reserve (Fed) Chairman heralded that if the US economy continued to strengthen the Fed could start to reduce its monthly bond buying program...