GLG News by Currency and Exchange Rate Experts: Economists (US)

The U.S. economy is at a pivotal point, and this data release provides important information about the direction the economy may take over the next six to twelve months.  There is good news and bad news in the report: Lower unit labor costs suggest that the Fed will be less worried about inflation...

Some members on this site have called for an easing of monetary conditions through a rate cut. They do not agree with the Fed's decision to leave rates alone for the time being. But the Fed's mantra is: deploy the right instruments at the right time for the right objective. Touching all three bases...

An understanding of the factors determining central bank independence is essential if we wish to see how central banking and the conduct of monetary policy differs between most industrial and emerging market  countries.  The article in The Economist cites a recent IMF study...

A correct understanding of the role of the Fed as a central bank and of the policy instruments at its disposal is key to understanding its decision to leave interest rates unchanged earlier this week. Calls for lowering rates may be premature given the current state of the economy as a whole, not...

It is important to analyze the distorting effects of price controls if in fact Nitish Grover is right in saying that the Indian government is contemplating imposition of such controls. This article will look at some of the consequences of price controls for the Indian economy. 

The WSJ article analyzes the Federal Reserve Bank's (FRB's) reaction to the Asain financial crisis of the late 1990s and the high-tech bust of 2000-01. It is understandable that the FRB wanted to avoid a severe economic downturn resulting from these meltdowns by pumping money into the economy by...

Understanding the forces driving loan delinquencies in the US mortgage and credit card markets will allow regulators to be better prepared to meet the challenges. Moreover, the differences in consumer perceptions regarding the two loan markets is also important to mortgage companies and banks that...

How the company that developed this cancer drug moves forward in addressing legitimate issues (raised by the FDA) will determine its credibility with the public. It's not just a matter of making a new pitch for the drug because at stake here is not only the long-term viability of the company,...

It is important to know how the nature of current oil price increases are different from previous oil price shocks. That difference feeds into the longer-term oil price scenario. While crude oil prices have risen substantially since 2003, they don't seem to quite affect the US economy to the extent...

1. Fee on applicable food import will increase the effective rate of tariff. US needs to make sure that this does not invite retaliatory tariff increases on its exports to the country in question. 2. FDA needs to examine how funds derived from the fees can be most effectively utilized. For instance,...