ECB Weighs its Options

In September, Eurozone inflation rose at an annual rate of 1.5 %, falling short of economists’ forecasts and leaving the ECB (European Central Bank) questioning whether the economy is strong enough to roll back its bond-buying program. Weak inflation in France and Spain, as well as fall in unemployment in Germany, indicates a strong eurozone Read More…

Financial Flooding Will Recede

The physical damage from Hurricane’s Harvey and Irma can last for a long period of time, however, the overall economic damage is likely to recede and should do little to alter the US Federal Reserve’s strategy for tightening monetary policy. In 2005, the Fed lifted short-term interest rates just a month after Hurricane Katrina ripped Read More…

Technology’s Impact on Perception of Economic Opportunities: A Matter of Education

Polling firm PSB and research by Burson-Marsteller reveal significant attachment between Americans vision of economic potential and their education level. Many less educated individuals view the technological disruption as a setback – more and more competition fighting for a shrinking labor demand and fear of their skills to be considered obsolete. The study found that Read More…