Monetary Policy

Golfing With Abe Was Easy; Now Comes The Hard Part

"As far as the currency devaluations I've been complaining about that for a long time. And I believe that we will all eventually - and probably very much sooner than a lot of people understand or think - we will be all at a level playing field because that's the only way it's fair."

Donald Trump's Most Important Fed Appointment (Spoiler Alert: It's Not The Chair)

Fed Chair Janet Yellen is still at the helm and will be for another year. But two long-standing vacancies are available for the President immediately, and in them lies a key to understanding a fundamental relationship that should guide how we think about the Trump presidency and the very nature of financial and monetary system.

Fischer Admits Fed Is Clueless About What Happens Next

"There is quite significant uncertainty about what's actually going to happen, I don’t think anyone quite knows what’s going to come out of the process which involves both the administration and Congress in the deciding of fiscal policy and a variety of other things."

Mexico Hikes Rates By 50bps As Inflation Soars

The Central Bank of Mexico hiked rates 50bps to 6.25% (as expected) and sent the peso rallying modestly. As Bloomberg notes, Banxico appears more concerned at inflationary pressures than growth slowdown.

The Fed's General Counsel Is Retiring

The Federal Reserve's general counsel, Scott Alvarez, will retire this year after a 36-year career at the central bank including more than 12 years as head of the Legal Division. the Fed said Wednesday.

EconMatters's picture

When will Central Banks stop doing this bubble strategy with Monetary Policy, it ends the same way every Bubble Monetary Cycle, in a Financial Market Crisis and Economic Crash. James Bullard`s dovish comments today inspired more bubble building, Central Bankers are so irresponsible and asleep at the wheel.

Asian Stocks Hit 18 Month High; Europe, US Futures Bounce As Dollar Rises

Asian stocks hit their highest level in 18 months, with positive momentum lifting European shares which were helped by Societe Generale earnings. Yields fell on some of the euro zone's battered low-rated bonds as investors put aside the political risks that have dominated markets this week. After trading flat, S&P futures bounced as US traders walked boosted by a spike in the USDJPY.