The Fed’s New Fear: Inflation Has Not Finished Its Work
At first glance, the Federal Reserve still looks suspended in familiar ambiguity: waiting, watching, refusing to move too quickly. But the minutes of its March...
Tag: FOMC
No Cuts, No Illusions: The Fed Rediscovers Inflation
There are moments when central banks guide markets. And there are moments when they remind them, quietly but firmly, who is still in charge. This...
The FED refuses to kneel
If markets were expecting docility, they misread the room. The minutes of the 27–28 January meeting of the Federal Reserve revealed a central bank far...
The Fed Pauses. Politics Looms
Jerome Powell has two formal opportunities left to move interest rates before the end of his term at the helm of the Federal Reserve. He...
The Fed Cuts Again: a new piece of theatre
The Federal Reserve, ever anxious to appear both decisive and contemplative, has delivered its third consecutive rate cut, trimming another 25 basis points from the...
Fed Minutes: Hawks Circle as Cuts Lose Altitude
Many Federal Reserve officials judged that holding interest rates steady for the rest of 2025 would be the sensible, or at least the least regrettable,...
Fed Splits Set to Widen as the Cut-Happy Camp Meets Reality
The Federal Reserve is poised to deliver a second consecutive rate cut this week to shore up a fragile labour market, but extending the easing...
Powell Buys Time as Trump’s Shadow Looms Over the Fed
Jerome Powell, the beleaguered chairman of the Federal Reserve, managed to herd a divided committee into backing a quarter-point rate cut, the first of the...
The Fed’s Balancing Act: Independence Meets Irrelevance
According to the minutes of the latest Federal Open Market Committee meeting, most Federal Reserve officials now see inflation as the bigger threat compared to...