In the second half of 2023, international factors supported economic growth, with exports boosting GDP despite a strong dollar. US petroleum exports hit record highs, making the U.S. a net exporter, but trade with China […]
Deena Zaidi
Data Journalist
Interest rate trajectory with changing inflation
The Federal Reserve uses interest rates as one of the many monetary policy tools to keep inflation at 2% and ensure full employment. Here’s how the terms in this relationship typically work: The relationship between […]
Inflation comparison: U.S., G20 and European Union
G20 comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the U.K. and the U.S., as well as the European Union, represented by […]
U.K. has the highest inflation rate across G-7 Countries
Inflation is a key economic indicator that impacts consumers, businesses, and policymakers. Understanding inflation trends in G-7 countries provides a snapshot of the complex and interconnected global economic landscape. The G-7 consists of some of […]
Wall Street looks towards Silicon Valley for automation
Wall Street is looking towards Silicon Valley for a more automated environment and a tech-driven approach. A July 2016 report by CB Insights showed that 41 startups may be introducing AI to fintech. Of the […]
Banking with Artificial Intelligence
Faced with unprecedented challenges, banks have started racing to embrace AI to gain a competitive advantage. With the advent of chatbots, personal assistants, and robo-advisors, it may not be too hard to imagine that the next wave […]
Living Wills of Too Big To Fail Banks
Banks have always remained too big to fail but their systemic risk became the topic of debates after the 2008 financial crisis. Living wills are a part of the post-2008 reforms to ensure that the risk does not spread to other sections of the financial system.
Why The Volcker Rule remains debatable in the Dodd-Frank Act?
Volcker Rule is a temporary solution to a permanent problem of ‘too big to fail’. If Volcker Rule really aims to address the issues of 2008 financial crisis, it should eliminate the issue of ‘too big to fail’ because as long as large firms exist, they will continue to attract federal support during any future crisis, despite all the adherence to the strict rules in the Dodd-Frank rulebook.
The ‘Missing Links’ in Dodd-Frank
With many complexities and delays, the promise made by Dodd-Frank is yet to be delivered. The above-mentioned rules are only three rules of the 400 ones that make up the Dodd-Frank Act. Here are the missing links of the Dodd-Frank Law.