The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.

Cotización de las Principales divisas en tiempo real

Cotización de las Principales divisas en tiempo real
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Agenda Macro

Calendario económico en tiempo real proporcionado por Investing.com España.

lunes, 9 de julio de 2012

Fed members mistreating inflation target: Evans

WASHINGTON (MarketWatch)
Members of the Federal Open Market Committee aren't the treating the central bank's 2% target as symmetric despite Fed Chairman Ben Bernanke saying it is, Chicago Fed President Charles Evans told a conference in Bangkok, according to a transcript of his remarks
Evans noted several members called for rate hikes before the end of 2014 despite projecting inflation at or below 2% and unemployment at unsustainably high levels
Bernanke said the inflation target isn't a ceiling, said Evans, who isn't a voting FOMC member this year
The low rate on the 10-year Treasury bond also is evidence the market expects modest growth and low inflation in the years ahead, he said
 He said the Fed's decision in June to extend a bond-swap program known as Operation Twist was "useful" but that he would have preferred a stronger step, like buying mortgage-backed securities

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