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...
Tag: interest rates
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...
U.S. interest rates: a harsh wake-up for investors
The Federal Reserve’s (FED) testimony on Tuesday was a painful wake-up call for investors, who had expected an end to rate hikes and a strong...
The miscalculations of the ECB
Eurozone central banks will report their first significant losses in a decade of money printing in the coming weeks. The results will turn negative for...
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 new world
After the shocks of 2022, a recession for large parts of the world in 2023 seems inevitable. More difficult is to assess the long-term impact...
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...
Emerging markets caught in the crossfire
Emerging market central banks face a catch-22 where falling economic growth means they can’t maintain tight monetary conditions, but high inflation doesn’t allow them to...