At this year’s Jackson Hole symposium, Ben Bernanke promised to help the economy via further easing if needed. We doubt his promises because because the Fed might contradict their inflation targets. Current levels of around 2 % for the consumer price inflation excluding food and energy (“core CPI“) and the deflator of the GDP …
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Tag Archive: Janet Yellen
Quantitative Easing Indicators, June 2012
The main drivers for demand for Swiss francs are the Euro crisis, but even more the behavior of American investors, who go out of the dollar in the fear of further bad US economic data and in the fear of Quantitative Easing. This will push down the dollar and safe-havens like the CHF, gold or the … Continue reading »
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