monetary policy

Recep Tayyip Erdogan, flanked by his deputy Ali Babacan and Central Bank Governor Erdem Basci with the symbol for the national currency, the Turkish lira, during a ceremony in Ankara, on March 1, 2012. (ADEM ALTAN/AFP/Getty Images)

Erdogan Is Failing Economics 101

Turkey’s president has made a huge bet that he's right and all of the world’s economic experts are wrong.

BIRMINGHAM, ENGLAND - APRIL 05:  Prime Minister David Cameron holds a Q&A session on the forthcoming European Union referendum with staff of PricewaterhouseCoopers on April 5, 2016 in Birmingham, England. The UK will vote on whether or not to remain in the European Union on June 23, 2016.  (Photo by Christopher Furlong/Getty Images)

Four Economic Questions on Brexit

Could a Britain outside the EU survive economically and politically?

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IMF Chief Lagarde Just Endorsed This Radical Policy Once Thought Impossible

IMF chief Christine Lagarde endorsed use of negative interest rates, a radical idea most thought was impossible.

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Will the U.S. Break This Fundamental Law of Finance?

The EU, Japan and others are doing something economists thought was impossible. Will the U.S. join them?

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U.S. Fed Chief Speaks Softly But Carries a Big Warning

U.S. Fed chief Janet Yellen rings the warning bell on the U.S. economy.

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Happy Days Are Here Again (At Least in the U.S.)

The U.S. Federal Reserve officially end a policy meant to save the U.S. from the Great Recession.

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Two U.S. Fed Officials Hint It’s Going to Get More Expensive to Borrow Cash

Two U.S. Fed officials hint a December interest rate liftoff is coming.

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Yellen: U.S. Banks Are Still a Risk to Financial Stability

Fed chief Janet Yellen tells lawmakers big U.S. financial firms are behind on putting in place key safeguards to prevent a repeat of 2008.

Zambian President Edgar Chagwa Lungu looks on as thousands of Zambians rally to pray against the depreciation of the countrys currency and economic crisis at the Show grounds in the capital city Lusaka on October 18, 2015. Food prices have soared and crippling power shortages have also been triggered by low water-levels in Lake Kariba, where hydropower plants supply much of the country's electricity.  AFP PHOTO/SALIM DAWOOD        (Photo credit should read SALIM DAWOOD/AFP/Getty Images)

Zambia’s Plan to Revamp Its Flailing Economy? Divine Intervention.

Zambia's president organized a day of prayer to cure the country's flailing economy.

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A Key Fed Official Hints China Could Keep the U.S. From a Rate Hike

A key Fed official hints China could push off an interest rate hike ahead of a key meeting in Jackson Hole.

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We’d Better Hope This Is the Bubble Bursting

Because if investors think that stock prices are still a “buy,” we're in for even more trouble.

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Requiem for the Macrosaurus

The beginning of the end of the Jurassic Period of economics.

FRANKFURT AM MAIN, GERMANY - JANUARY 21:  The symbol of the Euro, the currency of the Eurozone, stands illuminated on January 21, 2015 in Frankfurt, Germany. The European Central Bank (ECB) is schedule to meet tomorrow and announce a large-scale bond buying program. The Euro has dropped sharply against the U.S. dollar in recent months.  (Photo by Hannelore Foerster/Getty Images)

QE’ing the Can Down the Euro Road

The European Central Bank's asset buying program will help the eurozone's economy -- but only in the short term.

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