The Euro Finds Its Voice as the Dollar Trips Over the Fed
The euro has scaled its highest level in four years, brushing $1.1878 on Tuesday, as traders braced for the Federal Reserve’s long-awaited rate cuts. This...
Tag: monetary policy
The Fed’s Cuts Debate Turns Political
The Federal Reserve is preparing to cut interest rates for the first time in nine months, caught between a weakening labour market, stubbornly sticky inflation,...
Trump’s Fed Pick Promises ‘Independence’ — While Keeping His White House Day Job
Donald Trump’s latest pick for the Federal Reserve Board, Stephen Miran, has managed the rare feat of uniting Democrats and sceptical Republicans in disbelief. At...
Trump’s War on the Fed: A Recipe for Higher Borrowing Costs
President Donald Trump’s unprecedented and ever-escalating assault on the Federal Reserve risks backfiring, saddling financial markets and the broader economy with higher long-term borrowing costs.For...
Trump Fires Fed Governor Cook, threatening FED Independence
Donald Trump has decided to sack Federal Reserve Governor Lisa Cook over allegations she falsified mortgage documents, a dramatic escalation in his long-running crusade to...
Jackson Hole: Where Hiking Meets Monetary Panic
The Federal Reserve’s annual mountain retreat is usually an excuse for central bankers and their eccentric friends to sip wine, exchange academic jargon, and perhaps...
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...
Tariffs Up, Inflation Up, Logic Down
Core US inflation picked up in July even as the cost of goods exposed to Donald Trump’s gleeful tariff barrage failed to climb as much...
Trump’s Fed: Cuts Now, Credibility Later
President Donald Trump’s decision to temporarily fill a vacant seat at the Federal Reserve gives him two gifts in one: an ally at the central...