Jerome Powell’s explanations for avoiding a rate cut make no sense. All macroeconomic data justify a rate cut, and monetary aggregates also suggest the need...
Years ago, I wrote in an article: “War and suffering will never be absent from our lives, but social media will normalise them.” Today, this...
The recent surge in long-term bond yields proves that market participants are losing confidence in sovereign issuers as the solvency of governments in developed economies...
The consensus narrative is that tariffs act as a drag on economic growth by increasing costs, disrupting trade flows, and reducing efficiency. There are many reasons...
The Federal Reserve kept rates unchanged in the last meeting, downgrading growth estimates and raising inflation expectations. The Fed expects inflation at 2.7% at the end...
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