From the Bloomberg editorial, “Things Are About to Get Complicated for the Fed.”
#economy #markets #centralbanks #FederalReserve @opinion.bloomberg.com
#economy #markets #centralbanks #FederalReserve @opinion.bloomberg.com
May 11, 2025 at 1:53 PM
From the Bloomberg editorial, “Things Are About to Get Complicated for the Fed.”
#economy #markets #centralbanks #FederalReserve @opinion.bloomberg.com
#economy #markets #centralbanks #FederalReserve @opinion.bloomberg.com
Federal Reserve Chair Jerome Powell:
“We may be entering a period of more frequent, and potentially more persistent, supply shocks — a difficult challenge for the economy and for central banks.”
Sounds familiar?
#economy #markets #centralbanks #federalreserve
“We may be entering a period of more frequent, and potentially more persistent, supply shocks — a difficult challenge for the economy and for central banks.”
Sounds familiar?
#economy #markets #centralbanks #federalreserve
May 15, 2025 at 6:20 PM
Federal Reserve Chair Jerome Powell:
“We may be entering a period of more frequent, and potentially more persistent, supply shocks — a difficult challenge for the economy and for central banks.”
Sounds familiar?
#economy #markets #centralbanks #federalreserve
“We may be entering a period of more frequent, and potentially more persistent, supply shocks — a difficult challenge for the economy and for central banks.”
Sounds familiar?
#economy #markets #centralbanks #federalreserve
June 5, 2026 at 9:12 AM
From Jeff Sommer's article, "The World’s Central Banks Are Wrestling With a Gigantic Problem."
#economy #markets #centralbanks @nytimes.com #inflation #growth
#economy #markets #centralbanks @nytimes.com #inflation #growth
May 2, 2026 at 9:35 AM
From Jeff Sommer's article, "The World’s Central Banks Are Wrestling With a Gigantic Problem."
#economy #markets #centralbanks @nytimes.com #inflation #growth
#economy #markets #centralbanks @nytimes.com #inflation #growth
H/T LS:
The table from the WSJ’s Nick Timiraos showing that expectations of Federal Reserve policy are, to quote LS, “all over the place.”
#economy #markets #federalreserve #centralbanks #centralbanks
The table from the WSJ’s Nick Timiraos showing that expectations of Federal Reserve policy are, to quote LS, “all over the place.”
#economy #markets #federalreserve #centralbanks #centralbanks
June 11, 2025 at 11:27 AM
H/T LS:
The table from the WSJ’s Nick Timiraos showing that expectations of Federal Reserve policy are, to quote LS, “all over the place.”
#economy #markets #federalreserve #centralbanks #centralbanks
The table from the WSJ’s Nick Timiraos showing that expectations of Federal Reserve policy are, to quote LS, “all over the place.”
#economy #markets #federalreserve #centralbanks #centralbanks
This chart, illustrating how central bank direct holdings of gold now exceed those of U.S. Treasuries for the first time in some thirty years, is attracting significant attention.
#gold #centralbanks #markets #bonds
#gold #centralbanks #markets #bonds
August 31, 2025 at 10:08 PM
This chart, illustrating how central bank direct holdings of gold now exceed those of U.S. Treasuries for the first time in some thirty years, is attracting significant attention.
#gold #centralbanks #markets #bonds
#gold #centralbanks #markets #bonds
Good morning.
From the Financial Times' "Big Read," "The twilight of the central banking elite."
ft.com/content/3b5a...
#economy #centralbanks #federalreserve @financialtimes.com
From the Financial Times' "Big Read," "The twilight of the central banking elite."
ft.com/content/3b5a...
#economy #centralbanks #federalreserve @financialtimes.com
August 23, 2025 at 11:48 AM
Good morning.
From the Financial Times' "Big Read," "The twilight of the central banking elite."
ft.com/content/3b5a...
#economy #centralbanks #federalreserve @financialtimes.com
From the Financial Times' "Big Read," "The twilight of the central banking elite."
ft.com/content/3b5a...
#economy #centralbanks #federalreserve @financialtimes.com
Further to the prior post, here are the stagflation-leaning revisions to the Federal Reserve’s growth and inflation forecasts.
#economy #markets #centralbanks #FederalReserve
#economy #markets #centralbanks #FederalReserve
March 19, 2025 at 6:22 PM
Further to the prior post, here are the stagflation-leaning revisions to the Federal Reserve’s growth and inflation forecasts.
#economy #markets #centralbanks #FederalReserve
#economy #markets #centralbanks #FederalReserve
Some thoughts on this week's policy meeting of the US Federal Reserve.
www.bloomberg.com/opinion/arti...
#economy #centralbanks @opinion.bloomberg.com
www.bloomberg.com/opinion/arti...
#economy #centralbanks @opinion.bloomberg.com
January 28, 2025 at 1:26 PM
Some thoughts on this week's policy meeting of the US Federal Reserve.
www.bloomberg.com/opinion/arti...
#economy #centralbanks @opinion.bloomberg.com
www.bloomberg.com/opinion/arti...
#economy #centralbanks @opinion.bloomberg.com
Everyone knew the crash would come; no one was ready :)
#Economics #Inflation #CentralBanks #WallStreet #Economy
#USA #EU #UK #Auspol – Fascist-Zionism
#Economics #Inflation #CentralBanks #WallStreet #Economy
#USA #EU #UK #Auspol – Fascist-Zionism
September 30, 2026 at 1:41 PM
Everyone knew the crash would come; no one was ready :)
#Economics #Inflation #CentralBanks #WallStreet #Economy
#USA #EU #UK #Auspol – Fascist-Zionism
#Economics #Inflation #CentralBanks #WallStreet #Economy
#USA #EU #UK #Auspol – Fascist-Zionism
Thoughts on the delicate policy judgement facing the Federal Reserve.
www.bloomberg.com/opinion/arti...
#economy #markets #FederalReserve #centralbanks @opinion.bloomberg.com
www.bloomberg.com/opinion/arti...
#economy #markets #FederalReserve #centralbanks @opinion.bloomberg.com
The Fed Must Resist Repeating Past Mistakes
Markets have been trained to expect lower rates at the first sign of volatility. Powell mustn’t give in to temptation.
www.bloomberg.com
April 8, 2025 at 11:23 AM
Thoughts on the delicate policy judgement facing the Federal Reserve.
www.bloomberg.com/opinion/arti...
#economy #markets #FederalReserve #centralbanks @opinion.bloomberg.com
www.bloomberg.com/opinion/arti...
#economy #markets #FederalReserve #centralbanks @opinion.bloomberg.com
... East War will likely widen this gap further, making it highly probable that the Fed will retreat into "wait-and-see" mode.
#economy #markets #centralbanks #federalreserve #middleeastwar
3 of 3
#economy #markets #centralbanks #federalreserve #middleeastwar
3 of 3
March 16, 2026 at 12:08 PM
... East War will likely widen this gap further, making it highly probable that the Fed will retreat into "wait-and-see" mode.
#economy #markets #centralbanks #federalreserve #middleeastwar
3 of 3
#economy #markets #centralbanks #federalreserve #middleeastwar
3 of 3
… to better inflation news to cuts because the economic outlook is less “on a solid footing;” … and do so without fueling worries about what already is a whiff of stagflation.
#economy #markets #centralbanks #federalreserve
2 of 2
#economy #markets #centralbanks #federalreserve
2 of 2
March 19, 2025 at 10:49 AM
… to better inflation news to cuts because the economic outlook is less “on a solid footing;” … and do so without fueling worries about what already is a whiff of stagflation.
#economy #markets #centralbanks #federalreserve
2 of 2
#economy #markets #centralbanks #federalreserve
2 of 2
... however, to explicitly validate the additional cuts that markets have priced in or fully embrace the significant productivity upside from AI and other innovations.
#economy #federalreserve #centralbanks #markets
#economy #federalreserve #centralbanks #markets
October 29, 2025 at 12:26 PM
... however, to explicitly validate the additional cuts that markets have priced in or fully embrace the significant productivity upside from AI and other innovations.
#economy #federalreserve #centralbanks #markets
#economy #federalreserve #centralbanks #markets
... market are also flashing caution about the credibility and effectiveness of the Fed's forward policy guidance.
#economy #markets #federalreserve #inflation #centralbanks
#economy #markets #federalreserve #inflation #centralbanks
August 29, 2025 at 6:11 PM
... market are also flashing caution about the credibility and effectiveness of the Fed's forward policy guidance.
#economy #markets #federalreserve #inflation #centralbanks
#economy #markets #federalreserve #inflation #centralbanks
… officials, most clearly reflected in the rare two-sided dissents at today’s policy meeting.
The minutes will be particularly interesting.
#economy #federalreserve #centralbanks #markets
2 of 2
The minutes will be particularly interesting.
#economy #federalreserve #centralbanks #markets
2 of 2
October 29, 2025 at 7:51 PM
… officials, most clearly reflected in the rare two-sided dissents at today’s policy meeting.
The minutes will be particularly interesting.
#economy #federalreserve #centralbanks #markets
2 of 2
The minutes will be particularly interesting.
#economy #federalreserve #centralbanks #markets
2 of 2
...
Other notables include the 8-1 vote and the fact that, at 4.35%, the policy rate has already returned to its 2024 peak.
#economy #markets #centralbanks #rba #australia
2 of 2
Other notables include the 8-1 vote and the fact that, at 4.35%, the policy rate has already returned to its 2024 peak.
#economy #markets #centralbanks #rba #australia
2 of 2
May 5, 2026 at 7:21 AM
...
Other notables include the 8-1 vote and the fact that, at 4.35%, the policy rate has already returned to its 2024 peak.
#economy #markets #centralbanks #rba #australia
2 of 2
Other notables include the 8-1 vote and the fact that, at 4.35%, the policy rate has already returned to its 2024 peak.
#economy #markets #centralbanks #rba #australia
2 of 2
Good morning.
Please find below the link to my new FT column on Federal Reserve Chair Powell's final Jackson Hole speech.
The column focuses on what was covered and, as important, if not more, what was left out.
www.ft.com/content/b657...
#economy #federalreserve #markets #centralbanks
Please find below the link to my new FT column on Federal Reserve Chair Powell's final Jackson Hole speech.
The column focuses on what was covered and, as important, if not more, what was left out.
www.ft.com/content/b657...
#economy #federalreserve #markets #centralbanks
August 25, 2025 at 10:38 AM
Good morning.
Please find below the link to my new FT column on Federal Reserve Chair Powell's final Jackson Hole speech.
The column focuses on what was covered and, as important, if not more, what was left out.
www.ft.com/content/b657...
#economy #federalreserve #markets #centralbanks
Please find below the link to my new FT column on Federal Reserve Chair Powell's final Jackson Hole speech.
The column focuses on what was covered and, as important, if not more, what was left out.
www.ft.com/content/b657...
#economy #federalreserve #markets #centralbanks
Norway followed Australia in hiking rates by 25bps, citing protracted inflation and a cloudy price outlook.
Key difference: This was more of a market surprise and will be seen as a partial forward indicator for the ECB.
#economy #markets #centralbanks #Norway #RBA #Inflation #Australia
Key difference: This was more of a market surprise and will be seen as a partial forward indicator for the ECB.
#economy #markets #centralbanks #Norway #RBA #Inflation #Australia
May 7, 2026 at 10:32 AM
Norway followed Australia in hiking rates by 25bps, citing protracted inflation and a cloudy price outlook.
Key difference: This was more of a market surprise and will be seen as a partial forward indicator for the ECB.
#economy #markets #centralbanks #Norway #RBA #Inflation #Australia
Key difference: This was more of a market surprise and will be seen as a partial forward indicator for the ECB.
#economy #markets #centralbanks #Norway #RBA #Inflation #Australia
A reminder from John Authers of the extent to which the actual path of rate cuts in 2024 has differed from what was expected at the beginning of the year.
@opinion.bloomberg.com #economy #markets #federalreserve #centralbanks
@opinion.bloomberg.com #economy #markets #federalreserve #centralbanks
December 12, 2024 at 8:48 PM
A reminder from John Authers of the extent to which the actual path of rate cuts in 2024 has differed from what was expected at the beginning of the year.
@opinion.bloomberg.com #economy #markets #federalreserve #centralbanks
@opinion.bloomberg.com #economy #markets #federalreserve #centralbanks
The link to this morning's conversation with Margaret Brennan on Face the Nation.
www.youtube.com/watch?v=nJAT...
#economy #federalreserve #centralbanks #markets @cbsnews.com
www.youtube.com/watch?v=nJAT...
#economy #federalreserve #centralbanks #markets @cbsnews.com
Economist Mohamed El-Erian says Jerome Powell "hasn't looked forward enough" on interest rates
YouTube video by Face the Nation
www.youtube.com
August 24, 2025 at 8:59 PM
The link to this morning's conversation with Margaret Brennan on Face the Nation.
www.youtube.com/watch?v=nJAT...
#economy #federalreserve #centralbanks #markets @cbsnews.com
www.youtube.com/watch?v=nJAT...
#economy #federalreserve #centralbanks #markets @cbsnews.com
FYI, my thoughts on what Federal Reserve Chair Powell can do in the remainder of his term to strengthen the institution by initiating much-needed reforms.
www.project-syndicate.org/commentary/p...
#economy #federalreserve #centralbanks #markets
www.project-syndicate.org/commentary/p...
#economy #federalreserve #centralbanks #markets
September 13, 2025 at 3:32 PM
FYI, my thoughts on what Federal Reserve Chair Powell can do in the remainder of his term to strengthen the institution by initiating much-needed reforms.
www.project-syndicate.org/commentary/p...
#economy #federalreserve #centralbanks #markets
www.project-syndicate.org/commentary/p...
#economy #federalreserve #centralbanks #markets
FYI, my thoughts on what Federal Reserve Chair Powell can do in the remainder of his term to strengthen the institution by initiating much-needed reforms.
www.project-syndicate.org/commentary/p...
#economy #federalreserve #centralbanks #markets
www.project-syndicate.org/commentary/p...
#economy #federalreserve #centralbanks #markets
September 12, 2025 at 8:04 PM
FYI, my thoughts on what Federal Reserve Chair Powell can do in the remainder of his term to strengthen the institution by initiating much-needed reforms.
www.project-syndicate.org/commentary/p...
#economy #federalreserve #centralbanks #markets
www.project-syndicate.org/commentary/p...
#economy #federalreserve #centralbanks #markets
Ahead of this Thursday's Bank of England policy meeting:
Market expectations for the cumulative number of 25 basis point rate cuts, from this week to September 2026.
#economy #markets #centralbanks
Market expectations for the cumulative number of 25 basis point rate cuts, from this week to September 2026.
#economy #markets #centralbanks
August 4, 2025 at 1:14 PM
Ahead of this Thursday's Bank of England policy meeting:
Market expectations for the cumulative number of 25 basis point rate cuts, from this week to September 2026.
#economy #markets #centralbanks
Market expectations for the cumulative number of 25 basis point rate cuts, from this week to September 2026.
#economy #markets #centralbanks
... analytical effectiveness, restoring a robust internal compliance culture, improving communication, and establishing a more rigorous framework for balance sheet management.
www.project-syndicate.org/commentary/w...
#economy #markets #federalreserve #centralbanks
4 of 4
www.project-syndicate.org/commentary/w...
#economy #markets #federalreserve #centralbanks
4 of 4
May 15, 2026 at 7:11 PM
... analytical effectiveness, restoring a robust internal compliance culture, improving communication, and establishing a more rigorous framework for balance sheet management.
www.project-syndicate.org/commentary/w...
#economy #markets #federalreserve #centralbanks
4 of 4
www.project-syndicate.org/commentary/w...
#economy #markets #federalreserve #centralbanks
4 of 4