There has been an ongoing debate in financial circles regarding the effectiveness of quantitative easing (QE) on the global economy since the advent of the controversial Federal Reserve program in the wake of the 2007-2008 crisis.
Zero-range interest rates have been an economic reality since the financial panic of 2008. During that time, central bank authorities dramatically lowered borrowing costs in order to boost lending and help imperiled banks survive the turbulence that followed.
Unemployment continues to lie at the heart of America’s economic problems.
Signs of strain in the transatlantic relationship began to appear in 2011, when Best Buy publicly abandoned its plans for a string of big-box stores.
The business climate for global manufacturing companies appears to be worsening, according to a data release from Markit Economics.
Recent political developments in Germany, one of the eurozone’s most important economies, suggest that the bloc of countries that share a common currency may be heading for a period of increased turbulence.