Yellen: Fed May Raise Rates by Spring 2015
U.S. Federal Reserve Chair Janet Yellen made some waves in her news conference Wednesday when she said that interest rates may begin to rise about six months after the central bank concludes its bond-purchasing program. With the Fed expected to end quantitative easing in the fall, the rate hike would therefore begin in spring 2015.
Was Wintry Weather Behind the Economic Slowdown?
Did harsh weather affecting much of the United States this winter put a chill on business activity, or was the slowdown in factory orders, the labor market, construction and vehicle sales a sign of another cool-down in the economy? That was the question as momentum seen last fall dissipated in early 2014.
Bitcoin’s Applicability to Corporate Treasury
As companies like Overstock.com embrace bitcoins, corporate treasurers are increasingly interested in this virtual currency. But will interest lead to adoption? More importantly, should it?
Case Study: Ohio State’s Investment Strategy
Convinced that interest rates would remain low for a protracted period of time, The Ohio State University's treasury department implemented a new investment strategy for the university’s operating cash balance. The project resulted in a three-layer investment portfolio.
Consensus: U.S. Economy to Pick Up in 2014
Everyone has been patient: consumers, business executives, politicians, economists and, of course, treasury and finance professionals. Now a New Year is right around the corner and a growing number of observers believe 2014 is the year the U.S. economy finally achieves lift-off.