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By Henry Dubroff / Thursday, December 17th, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on City National bank CEO heralds Fed decision to raise rates
The Federal Reserve’s Dec. 16 decision to begin the long process of normalizing short-term interest rates got a thumbs up from one of Southern California’s most influential bankers. City National Bank CEO Russell Goldsmith heralded the decision to raise the benchmark short-term rate to 25 basis points from zero — the first rate hike in Read More →
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By Henry Dubroff / Friday, October 9th, 2015 / Latest news / Comments Off on Measure of business inventory could dictate future of interest rates
NEW YORK — An often-overlooked measure of business inventories may hold a powerful clue to the future direction of interest rates, an influential Federal Reserve official said Oct. 9. Dennis Lockhard, president of the Federal Reserve Bank of Atlanta, told a group of business journalists that his staff’s analysis of third quarter GDP has reported Read More →
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By Henry Dubroff / Friday, February 20th, 2015 / Columns, Latest news, Opinion, Top Stories / Comments Off on Dubroff: Low interest rates are a poor substitute for government that works
Just consider the post-Presidents Day developments in one area with huge potential to create thousands of new businesses and millions of new jobs — immigration reform.
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By Guest commentary / Friday, October 31st, 2014 / Op/Eds, Opinion / Comments Off on Op/ed: Blaming QE for alien invasions and everything else
An interesting conjecture shows some evidence that monetary policy changes can disturb the financial system.
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By Henry Dubroff / Friday, September 13th, 2013 / Columns, Opinion / Comments Off on Fed chair needs chemistry, consensus building and communications skills
I’m writing about G. William Miller, whose term at the head of the nation’s central bank in the late 1970s was short and tumultuous.
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By Editorial Board / Friday, August 2nd, 2013 / Editorials, Opinion / Comments Off on Editorial: Yellen could usher in era of transparency at Fed
There is no doubt that Summers and Yellen both have the credentials to be a Fed chair and that President Obama faces a tough choice.
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By Henry Dubroff / Friday, February 1st, 2013 / Columns, Opinion / Comments Off on Why Fed policy is driving up the cost of farmland in California
Even California, where real estate is otherwise depressed, has not been immune from price spikes.