Friday, August 8, 2014


Bloomberg | Nightmares About 2,500% CPI to Frame Interest-Rate Debate
Russian memories of hyperinflation are giving the central bank scope to keep raising interest rates should prices spiral following a government ban on U.S. and European food imports.

Wall Street Journal | Economists Still Betting on Mid-2015 Fed Rate Rise, WSJ Survey Shows
The Federal Reserve is likely to hold off raising interest rates from rock-bottom lows until summer of next year despite recent improvement in the labor market, according to a survey of economists from The Wall Street Journal published Thursday.