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Why Negative Interest Rates Will Fail

Why Negative Interest Rates Will Fail

It is now just a matter of time before the US central bank follows the central banks of Japan, the EU, Denmark, Sweden and Switzerland in setting negative interest rates on reserve deposits. The goal of such rates is to […]

Monetary Policy And Ending Too-Big-To-Fail

Monetary Policy And Ending Too-Big-To-Fail

Monetary Policy And Ending Too-Big-To-Fail My successor as Minneapolis Fed President, Neel Kashkari, gave his first speech in his new role today.   I congratulate him on a well-worded and stimulating set of remarks.  He argued passionately in favor of […]

iPhone 7s May Feature Voice Recognition

iPhone 7s May Feature Voice Recognition

The iPhone 7 is expected to be out this fall, which means next year’s model should be the iPhone 7s, and whenever there’s an S model upgrade, Apple usually upgrades the components more than the exterior design. Now a new […]