The ECB’s Seventh Cut: A Masterclass in Tiptoeing Toward Trouble
In what is starting to resemble monetary déjà vu, the European Central Bank has just cut interest rates for the seventh time since last June....
Category: Monetary policy
Trump Takes Aim at “Too Late” Powell – Again – Stirring Fresh Doubts Over Fed Independence
President Donald Trump, never one to miss a well-timed jab, has once again set his sights on Federal Reserve Chair Jerome Powell, suggesting his departure...
Don’t Count on the Fed to Rescue The US economy
Trump’s full-frontal assault on free trade is nothing short of breathtaking—for its scope, its scale, and its wilful lack of nuance. The average tariff is...
The Fed’s Last Stand: When Politics Hijack Monetary Policy
For the better part of the past few decades, the spectre of “fiscal dominance” has remained largely confined to the ivory towers of academia—at least...
The FED hold interest rates
The Federal Open Market Committee (FOMC) voted last week to keep the federal funds rate steady within the range of 4.25% to 4.5%. They also...
The Fed’s minutes Confirm a wait-and-see strategy
According to the minutes from the Federal Open Market Committee (FOMC) meeting on 28-29 January, policymakers agreed that provided the economy remains close to full...
A FED lost in translation
Federal Reserve Chairman took to his usual stage in Congress, once again proving that when it comes to monetary policy, ambiguity is an art form....
The ECB’s Latest Experiment in Monetary Alchemy
The European Central Bank has once again cut borrowing costs—for the fifth time since June—citing stagnant economic growth and inflation inching tantalisingly close to its...
The Fed’s Masterclass in Mixed Signals: No Rush, No Clarity, No Problem?
In yet another dazzling display of monetary ambiguity, Federal Reserve Chair Jerome Powell has assured the world that the central bank is in no hurry...