The fiscal cliff in the United States was the hot topic surrounding domestic economic policy throughout 2012, as my colleague Ian Mathieson discussed in his year in review last December. It is safe to say that the same was true for this year as well. The global markets were once again on their toes observing […]
Financial markets went into a tizzy over Federal Reserve Chairman Ben Bernanke’s statement at the rate-setting panel press conference on June 19, 2013, “If the incoming data support the view that the economy is able to sustain a reasonable cruising speed, we will ease the pressure on the accelerator by gradually reducing the pace of […]