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We trust experts over politicians in many areas — elections, planning, monetary policy. But is that really democratic? And is it even working?
The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV ...
The Federal Reserve is maintaining its current policy stance in order to assess the impact of President Trump’s protectionist ...
The US dollar is used by governments and investors around the world for trade and as a safe asset. Jacobin asked economist ...
The European Central Bank should continue to loosen its monetary policy if threats to economic growth from international ...
Kudos to Sen. Cruz for having the courage to challenge the central bank,’ writes Judy Shelton.
The Fed’s median target rate is still well above the annual pace of consumer inflation. The odds are low that Fed will cut ...
It is well known that, since April, the greenback has behaved a bit like an emerging market currency rather than the world economy’s monetary anchor, and there are plenty of reports that international ...
Trump’s tariff tirade against BRICS marks a desperate attempt to cling to a fading unipolar world order. The bloc, meanwhile, ...
They were in no doubt they were the right people to deliver monetary messages to the public. I am not suggesting any arrogance. Andrew Bailey, Bank of England governor, urged humility, because, he ...
We find that nearly 70% of the total impact of U.S. monetary policy shocks on country-sector stock returns are due to the network effect of global production linkages. Empirical counterfactuals show ...
Fed policy actions contradict its stated rule to focus on the mandate most out of balance, undermining credibility and ...