The Coming Regime of the ECB: Radical Centrism
In Christine Lagarde and Philip Lane, the EU has two new central bankers who will push the limits of what central banks can do.
Money and Banking
Displaying 261 - 270 of 1991
The Fed Rate Cut Shows the Fed Is Either Clueless or Lying. Or Both.
With its latest rate cut, the Fed is either caving to pressure from the Trump administration, or the Fed is admitting the economy is weaker than stated. Or the Fed simply doesn't know what's going on.
Powell Is Giving Trump His Rate Cut, Here is Why It’s a Mistake
With the economy growing at 2.1%, unemployment at 3.6%, creating 170,000 jobs per month, and estimated underlying core inflation of 2%, no objective data justifies cutting rates that are already artificially low.
Interest Rate Increases: How Fast is “Too Fast?”
Donald Trump thinks the Fed raised rates "too fast." In truth, rates have been at remarkably low rates for the past decade. And how would Trump know how fast is "too fast" anyway?
Who Will Be the Next Governor of the Bank of England?
Five names seem to be emerging as the consistent front runners in the race to become the next head of Britain’s central bank.
Central Banks are Making “Conservative Investments” Riskier. This Could Be Disastrous for Pensions.
The fact that the most conservative investors are being forced to purchase bonds of nearly bankrupt companies for virtually no yield is not a success of monetary policy nor a tool for growth.
Why Powell Fears a Gold Standard
The fact that politicians, central bankers, and “too big to fail” bankers all oppose a gold standard is a tacit admission that hard money would serve as an effective constraint on their activities.
