Fed independence key, despite Trump advisors’ view
Before we discuss the plans Trump advisors are hatching to jettison the Federal Reserve’s independence, let’s concede that every president covets the Fed’s power to set interest rates.
Jerome Powell asian news
Forget the Fed and BOJ; PBOC holds the monetary cards
TOKYO – With all the focus on the US Federal Reserve and Bank of Japan, it’s easy to forget where the most important monetary calls are being made this year: Beijing.
Which will mess up the most – Fed, BOJ or PBOC?
Anyone hating their job at the moment should spare a thought for Federal Reserve head Jerome Powell. In real time, investors can observe the extent to which Chairman Powell is confused about the direction of US interest rates.
Inflation is cooling but not fast enough for the Fed
It was a double whammy for economic data enthusiasts.
Asia starting to feel like 1997-98 all over again
TOKYO – Last month, former US Treasury Secretary Lawrence Summers drew chuckles when he said the Federal Reserve’s next action might be to tighten, not ease, interest rates. Few bond traders are laughing now.