Credit Suisse’s Chickens Come Home to Roost

15 Mar, by Austin Mann in Economy, News

The chart below demonstrates the multi-year decline in Credit Suisse’s business. Credit Suisse's problems revealed today stem from issues the company discussed last June in a profit warning. Below is a chart of Credit Suisse’s assets under management discussed during that profit warning. According to a January...

The Euro: Where To From Here?

05 Jun, by Knowledge Leaders Team in Uncategorized

In the wake of today’s ECB announcement of rate cuts as well as additional measures to boost bank lending and head off disinflation/ deflation trends in many of its member countries, the euro has (unsurprisingly) moved lower versus the dollar: How far might it decline?...

ECB Officials’ Inflation Forecasts

06 Mar, by Knowledge Leaders Team in Uncategorized

The ECB announced that interest rates would be maintained at current levels earlier today, citing staff macroeconomic projections for the euro area, which foresee annual HICP inflation at 1.0% in 2014, 1.3% in 2015, and 1.5% in 2016....