Fed policies effective even with rates at zero: study | Reuters
"Eric Swanson, a senior research advisor at the regional Fed bank, analyzed yields on U.S. Treasuries to test that assumption.He found that the Fed's forward guidance - giving markets information about where the Fed expects short-term rates to be in the future - and the Fed's bond-buying programs on several occasions helped push down long-term borrowing costs by as much as 0.2 percentage point."
Microsoft's Windows Phone enjoys strong growth in Europe - Telegraph
"Microsoft’s Windows Phone software has grown to account for almost a tenth of the European smartphone market, new figures reveal. "
Greece plans new anti-racism law amid Golden Dawn crackdown | Reuters
"The Greek government said on Monday it would soon present a...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.