What will markets make of the new chair of the Fed? Opinion Kevin Warsh wants to take us back to a world where the semi-annual Humphrey-Hawkins testimony of the Fed Chair to Congress is effectively the moment where the Monetary Wizard of Oz steps out from behind the curtain to signal the direction for interest rates, says Helen Thomas “I don’t view the Chairman, in his testimony [...]
The Fed shouldn’t hit back at Trump, just talk louder Opinion The problem with Trump’s “major loser” jibes at the Fed isn’t that they’re wrong (though they are), it’s that they’re being heard, says Tim Focas If you closed your eyes and listened to President Trump lambast Federal Reserve chair Jerome Powell, you might think you were watching this Sunday’s Wrestlemania, not a political announcement. “Major [...]
Bank of England’s Lombardelli supports ‘gradual’ interest rate cuts Economics In her first speech as one of the Bank's deputy governors, Lombardelli said she supported a "gradual removal" of monetary policy restriction.
Bernanke: Inflation was ‘unavoidable’ but the Bank of England needs to change May 15, 2024 The surge in inflation seen over the past few years was "unavoidable," Ben Bernanke said today, as he outlined ways in which the Bank of England could navigate future uncertainty.
Bank of England ‘absolutely’ in for shake-up after Bernanke review, incoming rate-setter warns April 16, 2024 Lombardelli, who will take up her role on the Monetary Policy Committee (MPC) in July, will be responsible for implementing the Bank's response to the Bernanke review.
Bernanke is right. The Bank of England must urgently improve its communications April 16, 2024 With the Bank set to pivot to rate cuts sooner rather than later, it is crucial it communicates its decisions clearly. Failure to do so could further erode public confidence in the Old Lady, Chris Dorrell writes
Bank of England commits to ‘once in a generation’ reform after Bernanke review April 12, 2024 The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.
What is the Bank of England’s ‘once in a generation’ Bernanke review? April 9, 2024 The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.
