Weak Jobs Data Leaves the Fed Cornered Again
By all appearances, the Federal Reserve remains committed to its most finely honed skill: doing nothing. Despite five consecutive meetings without a single move on...
Tag: monetary policy
Trump Gets a Surprise Chance to Reshape the Fed
President Donald Trump has unexpectedly been handed an opportunity to install a new member at the Federal Reserve Board earlier than planned, following the resignation...
The Fed’s Poker Face in a Rigged Game
Federal Reserve officials appear determined to keep interest rates on hold, at least for a bit longer. But don’t mistake this for unity. Behind the...
Tariff Tensions and Fed Headaches: Monetary Policy in the Age of Trumpian Chaos
The budding rift among Federal Reserve officials over the trajectory of interest rates hinges on diverging views over the inflationary magic of Donald Trump’s tariffs....
The Euro Rallie and the ECB Quietly Panics
European Central Bank officials are beginning—reluctantly—to voice concern that the euro’s rapid appreciation may well derail their carefully choreographed attempt to anchor inflation at that...
Trump Eyes Powell’s Replacement, But Powell Might Outstay the Drama
As Donald Trump and his advisers begin circling for a new Federal Reserve chair, they face an awkward little detail: Jerome Powell might not be...
Fed Forecasts Drift as Trump’s Tariff Storm Clouds Rate Path
Federal Reserve officials are still, somewhat heroically, pencilling in two interest rate cuts in 2025. But their latest projections reveal an increasingly fragmented consensus as...
Washington Flirts with Risk: US Regulators Eye Looser Capital Buffers for Megabanks
In what might generously be described as a curious interpretation of “financial stability,” the United States’ top banking regulators are reportedly considering a reduction of...
US Core Inflation Eases Again in May, but Tariff Risks Loom
Core inflation in the United States rose by less than expected for the fourth consecutive month in May, suggesting that firms have, for now, largely...