Her hands may be folded, but Janet Yellen is far from inactive.
Reuters
The Fed decided to hold its key interest rate at about zero, but that doesn’t mean it did nothing.
Chair Yellen and her colleagues decided the economy isn’t ready.
Reuters
The Fed’s policy-setting committee decided to keep its benchmark interest rate unchanged. Here’s why that’s the wrong call.
The Fed building in New York: just a nice facade?
Reuters
Market speculation on whether the Fed will raise rates is reaching fever pitch, but the central bank no longer has the pull it once did.
The sour face means the Fed must be about to raise rates.
Reuters
Whenever speculation grew louder that the Federal Reserve would lift its target interest rate this year, stocks took a dive. Here’s why.
Fed Chair Janet Yellen’s rates balancing act would be easier if the government got in the game.
Reuters
The more important question is when the federal government will get in the game and help support the economy.
Will she or won’t she?
Lucas Jackson/Reuters
The global economy is in a delicate position, which is why so many are fixated on this month’s US decision on interest rates.
Sharemarket volatility demonstrates global frothiness; nevertheless the case is weak for an interest rates cut.
AAP/Dan Peled
The best course of action for the Reserve Bank is to hold off changing rates; but the longer term case for an increase is changing.
Reserve Bank of India Governor Raghuram Rajan has taken a no-nonsense approach to curbing inflation.
Danish Siddiqui/Reuters
Monetary policy involves more than managing inflation, which is why it sometimes takes a committee to decide interest rates.
Mind the gap: Britain will need to raise rates with care.
Howard Lake
Why do interest rates have to go up, and what’s stopping central bankers doing it right now?
Running the economy is a bit like running a race…
Jogger wall via www.shutterstock.com
My buddy is training for his third Chicago Marathon. I’m preparing for a 10K mud-run. He’s really fit and a family nurse practitioner, so I seek his advice on how to get in shape and what to eat. His advice…
Workers are still feeling a little pinched.
Empty wallet via www.shutterstock.com
The July employment report suggests the recent trend of lackluster gains in jobs and wages is continuing, and a rate hike should therefore be off the table for the time being.
That $550 from the carbon tax repeal might be in your bank account, or it might have been gobbled up by exchange rates.
baranq/Shutterstock.com
The carbon tax repeal was supposed to save the average household A$550. And it might well have done, but teasing out the exact figure amid the myriad other economic factors is a herculean task.
The Greek debt crisis could deliver RBA Governor Glenn Stevens a bolt from the blue.
Tracey Nearmy/AAP
China’s slowing economy is a greater concern than the Greek crisis, but booming property prices mean the RBA should hold firm.
Reserve Bank governor Glenn Stevens condemned the “inability to find political agreement” on infrastructure.
AAP/Dan Peled
Reserve Bank governor Glenn Stevens has left open the possibility of another rate cut, but warned against expecting monetary policy to do too much of the work in encouraging economic growth.
South African Reserve Bank Governor Lesetja Kganyago is the third since the bank adopted a more transparent way of operating.
Reuters/Siphiwe Sibeko
The South African Reserve Bank is a fine example of clear communication of the decision whether to hold, increase, or decrease interest rates. It also gives clear signals of future decisions.
The current policy of low interest rates should end within the next six months, says the RBA Shadow Board.
AAP/Dan Himbrechts
Last month’s cash rate cut should not be repeated, say the majority of Reserve Bank Shadow Board members.
Treasurer Joe Hockey may have welcomed this month’s interest rate cut, but it’s now up to the government to boost confidence.
Lukas Coch/AAP
It will take more than monetary policy to get Australia’s business and consumer confidence back on track.
Reserve Bank Governor Stevens is expecting subdued public spending.
Tracey Nearmy/AAP
With today’s cut, interest rates are at a record low, due in large part to ongoing concerns about the global economy.
The superheated Sydney housing market has regulators, and the Reserve Bank, worried.
Joel Carrett/AAP
With rates on the way down the problem of runaway property investing has been left to the regulator APRA. But regulators should not be used as agents of short-term government policy.
Australia’s rates should rise in the next six to 12 months, says the Shadow Reserve Bank.
AAP Image/Dan Himbrechts
Economic data is giving a mixed picture on whether the Reserve Bank should cut rates, but on balance, RBA members should hold.