Author : Marc Chandler

The Federal Reserve threw investors a curve ball last week.  Until then, Fed officials have shown a clear preference for survey-based measures of inflation expectations.  Last week, seemingly out...

This could be a decisive week for Brazil as the toxic mix of complicated politics, worsening fundamentals and financial market stress comes to the fore.  Today, the congress is...

The US dollar is mostly little changed against the major currencies.  The chief exception is the yen.  Its apparent purchases on the crosses succeeded in pushing the dollar from...

Japan's markets will reopen Thursday.  The day after, Japan expects to report that core inflation fell back below zero for the first time since April 2013.  Abenomics has lost...

The US dollar started softer in Asia, where Japan is on holiday for the first half of the week, but has come back bid in Europe.  The key issues...

Temporal Inconsistencies at the Fed:  The Fed's decision to delay the beginning of the normalization of monetary policy of undermines confidence in when lift-off will actually take place. Temporal...

The US dollar sold off in response to the Fed's lack of action, but it rebounded to close firmly before the weekend.  For the week as a whole, it...

The Federal Reserve left the Fed funds target at 0-25 bp.  It recognized continued improvement in the US economy but raised the level of concern over international developments. The...

The much-awaited FOMC meeting is here. Discussions appear to revolve around to main questions.  What should the Fed do and what will they do?  The two are often confused. ...

Seven years ago today, following frenzied weekend meetings, Lehman filed for bankruptcy. It confirmed the end of an era in a way that Bear Stearns demise had only hinted.  ...