Interview between Charles Porter from SGM Foreign Exchange and Dr. Waltraud Schelkle, professor at the London School of Economics: The Fed Interest Rate Debate.
In this video we discuss whether the European Sovereign Crisis, the Financial Crisis, and the Great Recession are over.
Dr. Schelkle argues that an interest rate hike is overdue.
Find the Transcript of our interview here:
US Dollar Surging on a strong US economy together with further geopolitical tensions in the past week, USD is at its strongest versus EUR this year and came within a whisker of breaking through 1.06 in yesterday’s trading. Against the Japanese Yen USD was 154.55 which caused Japanese Finance Minister Shunichi Suzuki to break cover […]
France Quite simply the numbers do not add up for President Macron and his future in government, never mind La Belle France and its citizens : France is the third most indebted EU country after Greece and Italy with a debt to GDP ratio of 110.6%. In the past year the deficit has increased by […]
EUR European Central Bank President Madame Lagarde made two bold statements last week: the ECB does not target exchange rates and the ECB is not dependent on Federal Reserve policy. While at one level both are sometimes true, it is brave to explicitly make those statements at a ECB press conference and more than risks […]