When the Fed Loses the Plot
Investor certainty over a December rate cut, a confidence the Federal Reserve had itself so carefully stage-managed, has evaporated with theatrical brutality. US Treasuries endured...
Tag: monetary policy
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 Hawks Rebel as Powell’s Grip Slips
Three senior Federal Reserve officials have publicly distanced themselves from this week’s rate cut, underscoring the widening rift within the US central bank, and quietly...
Powell’s December Warning Exposes the Fed’s Growing Rift
Federal Reserve Chair Jerome Powell’s blunt message that investors should temper their hopes for another rate cut in December has laid bare the widening rift...
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...
The Fed Cuts Rates — and Walks Straight into the Fog
As widely expected, the Federal Reserve trimmed its policy rate by a quarter point on 17 September. The move was well-telegraphed, and Chair Jerome Powell...
America’s Gold Mirage: The $1 Trillion Ghost Asset
The US Treasury’s gold reserves have supposedly smashed through the $1 trillion mark—more than 90 times the amount recorded on the government’s balance sheet—as the...
Supreme Court Puts Trump’s Fed Purge on Ice – For Now
The US Supreme Court’s refusal to let President Donald Trump immediately sack Federal Reserve governor Lisa Cook has offered the central bank a fleeting reprieve...
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...