The Fed Is Fighting Inflation It Cannot Fully Control
The Federal Reserve has an inflation problem again, but it is not quite the same one it faced in 2022. US consumer prices rose 0.6%...
Tag: USA
Ukraine Has Discovered the Price of Digital Dependence
Ukraine has spent four years proving that technology can compensate for military disadvantage. It is now discovering that the same technology can also create a...
The Banks Are Telling the Fed Something
The Federal Reserve believes higher interest rates are slowing the US economy. The banks are showing a more complicated picture. JPMorgan, Citigroup and Wells Fargo...
The Price of Cheap Diesel
Donald Trump’s agreement with Vladimir Putin on Russian diesel is being presented as an energy solution. It is really a test of priorities. The White...
The Bond Market Is Doing the Central Banks’ Job
For months, investors have asked how far central banks will raise rates to contain inflation. The bond market may now be answering the question for...
Growth Is Not a Fiscal Strategy
Scott Bessent believes America can grow its way out of its debt problem. The bond market wants more evidence. The Treasury Secretary argues that the...
Washington and Tehran Are Now Negotiating With the Clock
The US-Iran war has acquired another battlefield. The calendar. After seven months of conflict, talks in New York have produced little progress. Iran has offered...
The Treasury Market Has Stopped Waiting for the Fed
US Treasury yields surged, with the five-year yield breaking above 5% for the first time since 2007 and the 10-year reaching roughly 5.13%. The move...
Washington and Beijing Are Negotiating the Supply Chain of Power
The next phase of the US-China confrontation will not be decided by tariffs. It will be decided by control. Officials from both countries have spent...