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Licenciado Matemáticas (Especialidad Fundamentales) por UCM, MBA Executive, MBA Financial Markets, Project Management Excellence Certified
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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs
WASHINGTON (MarketWatch)
In a speech in Hong Kong, Chicago Fed President Charles Evans said the central bank should make open-ended purchases of mortgage-baked securities until the economy shows clear signs of improvement, such as a steady drop in unemployment for two or three quarters
The dovish Evans isn't a voting member this year
"Given the risks we face, I think it is vital that we make such moves today
I don't think we should be in a mode where we are waiting to see what the next few data releases bring
We are well past the threshold for additional action; we should take that action now," he said.
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