Fed Should Aim for Inflation Overshoot, Says Evans (News: 09/05/16)
Today’s Press
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Fed Should Aim for Inflation Overshoot, Says Evans
Federal Reserve Bank of Chicago President Charles Evans said in remarks in London that aiming for such an overshoot may help the Fed keep price-growth at around 2% more easily.
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Leading Economists Wrong To Claim Tax Havens Serve No Useful Economic Purpose
There”s a letter to world leaders from a group of leading economists which insists that tax havens serve no useful economic purpose and thus everything should be done to close such tax havens down. The problem with this demand is that the insistence itself is wrong.
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Oil seesaws as investor caution offsets Canadian outages
Oil prices seesawed on Monday as caution among investors offset a decline in daily production capacity due to Canada’s most destructive wildfire in recent memory.
Next Trading Day’s Important Events
- 04:30 (GMT+3) Chinese CPI
Forex Quotes:
- USDJPY: 108.31
- EURUSD: 1.1402
Indices:
- S&P 500: 2,057.14
- NASDAQ : 4,736.15
Source:: Fed Should Aim for Inflation Overshoot, Says Evans (News: 09/05/16)