The Fed standing firm
Less than two weeks after the second-largest bank failure in US history, Federal Reserve Chairman Jerome Powell made it clear that inflation remains the top...
Category: Monetary policy
BCE: The End Of The Rate Hike?
The European Central Bank has gone ahead with a planned half-point rate hike but has stayed silent on what could follow amidst market turbulence that...
The market is wrong, the FED will continue raising interest rates
Exactly one year after launching its tight monetary policy campaign, the Federal Reserve faces a dilemma: continue its fight against inflation or reassure and stabilize...
The FED did not finish the job
On Wednesday, Governor Powell and his colleagues raised the Fed’s target for its benchmark rate by a quarter of a percentage point to a range...
FED will continue raising interest rates
The minutes of the last FOMC meeting published this week did not bring any hope to the investors. Fed officials have indicated that interest rates...
A hawkish and arrogant ECB is frightening the European economy
Every increase in borrowing costs, including Thursday’s half-point move, advances Frankfurt officials’ fight against runaway inflation but also risks having a heavier economic impact. The...
Jérôme Powell est-il l’homme de la situation ?
Jérôme Powell a probablement plus de points communs avec Arthur Burns que celui qui le remplaça, Paul Volcker. Cette connotation, si elle devait se révéler...