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Federal ReserveFinancial Times |
Fed chair’s press conference exposes the shortcomings of his approach
Fed chair’s press conference exposes the shortcomings of his approach
Warsh is reluctant to signal future interest rate moves — how will the hedge funds that own US Treasuries react?
Pragmatism, not ideology, should be the guide
While the central bank’s independence was upheld, other agencies were not so lucky
The new Fed chair must learn from his late predecessor’s successes — and avoid his mistakes
Changing the inflation and balance-sheet frameworks will be key
Stabilising the finances of another country is a foreign policy decision as well as an economic one
The outgoing chair has made some mistakes, but his decision to stand up to Trump was heroic
Most of the culpability rests with the Fed and the Biden government but voters will hold the president accountable
The Treasury secretary wants to use swap lines to lock in dollar supremacy
This is starting to look like a central bank appeasing its political masters
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