Monday, September 8, 2025

Central Bank Credibility - The Case of the Fed

Trump’s Risky Game with the Fed
https://www.wsj.com/opinion/trumps-risky-game-with-the-fed-1d727c53
The U.S. built its economic credibility slowly over a long time. Once lost, it won’t be easy to regain. 

Why the Fed should not cut rates now
https://www.ft.com/content/ecd1c563-08c9-4177-ad6f-652f06beb6fc
Amid loose financial conditions and a bubbly market, it’s exactly the wrong time.