An open question in central banking circles is whether interest rates should be used as a means to...

I recently spent two intense days in Tokyo, meeting a number of influential observers and policy makers, and...

Prophecies do not normally have much to do with percentages.  In this post, however, I want to try...

Last March I published a post [1] the conclusion of which was: “… the bottom line of this...

At the turn of 2000, when the € was at 0.85, very weak, against the dollar, the then...