The euro, yuan, pound and yen do not have the adequate depth to support the liquidity needs of the global systematically important banks. … READ MORE >
Federal Reserve Bank of New York
Latest Empire State Manufacturing Survey shows a spike in optimism
Manufacturing firms in New York state were more optimistic in June that business conditions would be better in six months, according to the latest Empire State Manufacturing Survey from the Federal Reserve Bank of New York. The index for future business conditions rose between May and June by 27.4 points … … READ MORE >