Data and Financial Journalist
Central Banks are the backbone of an economic system. Any fracture can create serious concerns for the financial future of the country. In recent years, there have been numerous articles raising questions about the credibility of central banks. This article focuses the basics of central banks with a strong focus on its relation with the financial crises.
“Our destiny is in Europe, as part of the community. That is not to say that our future lies only in Europe, but nor does that of France or Spain or, indeed, of any other member. The community is not an end in itself.” – Margaret Thatcher in The Bruges Speech, 1988. It was in the ‘Bruges Speech’…
Ten Quick things you should know about the Fed Interest Rate Hike
The anxiety over election uncertainty has sneaked into markets, leaving enough room for a bigger market volatility for this week. The CBOE Volatility Index (.VIX) had already soared 40% from 15.67 on October 28 to 22.15 on November 3, while S&P 500 has lost 2.2% during the same period. On Friday, the S&P 500 index remained…