The Federal Reserve Owes the World a Mea Culpa
https://www.bloomberg.com/opinion/articles/2022-10-10/the-federal-reserve-owes-the-world-a-mea-culpa
The US central bank can’t ease the international repercussions of its rapid monetary tightening, but it can and should own up to its mistakes.
If You Think US Pensions Are Safe, Just Wait
https://www.bloomberg.com/opinion/articles/2022-10-10/will-us-pensions-follow-the-uk-into-market-turmoil
The US economy has been built around low interest rates. As rates rise, so will the fallout.
https://www.bloomberg.com/opinion/articles/2022-10-10/the-federal-reserve-owes-the-world-a-mea-culpa
The US central bank can’t ease the international repercussions of its rapid monetary tightening, but it can and should own up to its mistakes.
If You Think US Pensions Are Safe, Just Wait
https://www.bloomberg.com/opinion/articles/2022-10-10/will-us-pensions-follow-the-uk-into-market-turmoil
The US economy has been built around low interest rates. As rates rise, so will the fallout.
Biden should act now on the wrecking-ball dollar
https://www.ft.com/content/38ca6bdd-068e-4fe2-a684-484a5725ad8d
Though Fed policies are pushing up the dollar, it is now seriously overvalued, fuelled by high speculative positions, and co-ordinated intervention, which would be led by the US Treasury, would come as a shock.
https://www.ft.com/content/38ca6bdd-068e-4fe2-a684-484a5725ad8d
Though Fed policies are pushing up the dollar, it is now seriously overvalued, fuelled by high speculative positions, and co-ordinated intervention, which would be led by the US Treasury, would come as a shock.