The Janus Capital manager says other countries are playing the game the U.S. initiated with its zero-rate move.
May's 6.3% unemployment rate is no improvement over April. The rate has declines 1.2% in 12 months.
A sharp negative correlation between 10-year Treasuries and the dollar supports fund manager's claims.
World Council and European Network of Credit Unions meet with policymakers to discuss regulatory proposals that would affect credit unions.
According to a Monday release, Rep. Ron Paul’s (R-Texas) Audit the Fed bill is expected to receive a House floor vote later this month.
The only certainty in 2012 is the uncertainty stemming from the financial challenges in the European Union, which are very likely to impact the U.S. banking system.
As members continue to navigate in an economy still balancing on an unsteady tightrope, high unemployment and inflation may be the major drivers behind the Federal Reserve Board’s decision to raise interest rates.