applied know how
Our economic future is increasingly in her hands.
We have been enjoying a ZIRP (US zero interest rate policy) world recently. With the improvement in the US economy, the Fed suggested at its policy meeting in March that the program may end this coming autumn and it may start raising interest rates about six months from then. The latest pronouncements have underlined this, pointing out that the Fed responds to data and the data is looking better and better.… Read more
After 34 years of booming economic growth averaging over 9% per year (the longest sustained period of rapid economic growth in human history), China’s credit-fueled, investment-driven growth model is exhausted and increasingly unstable. Chinese economic growth slowed to the lowest level since 1999 last year, expanding 7.7%.
Policymakers have recognized the need to re-balance economic growth and are now slowly transitioning away from a credit and export driven economy to one driven by consumer growth.… Read more