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U.S. Federal Reserve Chairman Janet Yellen holds a news conference in Washington December 16, 2015. REUTERS/Jonathan Ernst
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Turkish 5 lira banknotes are seen in this illustration picture taken in Istanbul January 28, 2014. REUTERS/Murad Sezer
Turkey’s Central Bank Says Tax Moves Boost Inflation
Ankara- Turkey’s central bank said that recent tax adjustments mainly to tobacco products, food and energy groups, are expected to put upward pressure on December inflation. The monetary policy committee unexpectedly held all interest rates steady facing the...Caption:
Janet Yellen of the Federal Reserve during a June news conference, as reflected in a specialist’s screen on the floor of the New York Stock Exchange. CreditRichard Drew/Associated Press
Can We Ignore the Alarm Bells the Bond Market Is Ringing?
The financial media tend to report breathlessly about what the stock market did yesterday. But savvy economic analysts have always known the bond market is the place to look for a real sense of where the economy is going, or at least where the smart money thinks it is...Caption:
Brazilian President Dilma Rousseff speaks during a news conference at Planalto Palace in Brasilia on April 19, 2016
Brazil Raises Credit to Farmers with Higher Interest Rates
BRASILIA- Credit to farmers was raised by 8% on Wednesday to 202 billion reais ($57 billion) this year; however by the same tone Brazil also raised the rates of interest on many of those subsidized loans. The Brazilian agriculture plan has been revealed which gives...Caption:
Turkey’s Prime Minister Tayyip Erdoğan addresses members of parliament from his ruling Justice and Development Party during a meeting at the Turkish parliament in Ankara February 18, 2014. (Reuters/Umit Bektas)