Business Stefan Karlsson

  • Stefan Karlsson Bank of England adopts unemployment target

    The Bank of England has practically abandoned its target of moving inflation down to 2 percent, saying it won't consider raising interest rates until unemployment falls below 7 percent, Karlsson writes. The move isn't likely to change much policy, but it is an explicit reminder that inflation rates have been above 3 percent since 2005.

  • Stefan Karlsson Japanese bond yields inch up. Are 'Abenomics' to blame?

    Japanese bond yields have started to move up again, rising above the pre-'Abenomics' level to 0.91 percent, Karlsson writes, something that worries many Japanese officials. Private demand has collapsed as investors have increasingly started to believe that the Bank of Japan through its purchases will actually achieve its new stated inflation target of 2 percent, a slump in demand that some have called a "bond buyer's strike."

Follow Stories Like This
Get the Monitor stories you care about delivered to your inbox.
September 2, 2014

Photos of the Day 09/02

Men position an inflatable giant figure in the shape of a pink river dolphin in front of the National Congress in Brazil. The figure was placed by organizers of the Red Alert conservation campaign, which is trying to halt the killing of dolphins, which is illegal but common.

More Stefan Karlsson

Loading...