The July employment report showing strong jobs growth and an unemployment rate below 5% would, on the face of it, suggest a US labour market in robust health. But many commentators remain unconvinced, pointing to the continued low labour force participation rate (LFPR) – the combined percentage of… Read the article
Month: August 2016
Policy makers at a crossroads: the UK rate decisions and broader implications for asset prices
Though it may seem hard to believe, attention on policy makers has intensified. The market has delivered a vote of no confidence in the notion of negative interest rates and appears increasingly dissatisfied with the ability of monetary policy and QE to… Read the article