Questions for Monetary Policy

The recent rupee appreciation, followed by rumours of RBI appreciation, has set off fears that we’re in for a repeat of the sad episode of monetary policy 2006/2007 all over again.

Writing in the Business Standard, Shankar Acharya repeats the advice that he gave RBI in 2006 and 2007. But new perspectives are now . . . → Read More: Questions for Monetary Policy

More Evidence of Worldwide Recovery Growth Acceleration

Singapore Dollar Jumps, South Korean Won Up, and Intel Beats Yet Again.

The Singapore government announced early Wednesday that its economy is likely to expand by 9% this year. Coincidentally, South Korea also announced that its economic growth is accelerating. Meanwhile, economists surveyed by Bloomberg have estimated that China‚Äôs economy probably grew by 11.7% . . . → Read More: More Evidence of Worldwide Recovery Growth Acceleration

Economic Events on April 14, 2010

The Mortgage Bankers’ purchase index was released at 7:00 AM EDT, and there was a week to week decrease of 10.5% last week, due to an increase in FHA mortgage premiums and causing concern about the housing market as the second federal stimulus program comes to an end.

At 8:30 AM EDT, the Consumer . . . → Read More: Economic Events on April 14, 2010