The Federal Reserve is stuck in quantitative-easing hell

2020-01-17

Imagine doing the same thing over and over again, with little progress and no relief. Sounds like most people’s vision of hell — or the Federal Reserve’s current predicament. Since September, the central bank, through the Federal Reserve Bank of New York, has been purchasing securities hand over fist toRead More →

Americans keep gorging on debt, thanks to the Federal Reserve

2019-12-10

The Federal Reserve raised official interest rates four times 2018, and investors were expecting more of the same this year. As we know, that didn’t happen. The stock market plummeted in the fourth quarter of 2018, spreads between lower-quality fixed-income investments and government bonds widened, and with an effective fedRead More →

Mexico bans Brazil’s Odebrecht from participating in federal contracts By Reuters

2019-04-26

© Reuters. Mexico bans Brazil’s Odebrecht from participating in federal contracts MEXICO CITY (Reuters) – Mexico has prohibited scandal-plagued Brazilian construction conglomerate Odebrecht SA from participating in public federal contracts, Mexico’s public administration ministry said on Friday. State-owned entities, such as oil firm Pemex, are banned from entering into aRead More →