Monetary Policy Institute Blog·18 hours agoCENTRAL BANKING NEEDS A CAPITALIST MANIFESTOCENTRAL BANKING NEEDS A CAPITALIST MANIFESTO Daniyal Khan, PhD 2022 - New School for Social Research “Central banking needs a capitalist manifesto. … Because to answer the question of what central banks are for and what monetary policy they should pursue, we must have a modicum of clarity on what…Federal Reserve5 min read
Sylvain SaurelinThe Capital·1 day agoMember-onlyThe Fed’s Plan to Create a Digital Dollar Is Met With Hostility.71% of commenters on Fed’s January 2022 study say NO. — As China continues to make great strides in its digital yuan project that should allow it to challenge the hegemony of the U.S. dollar in the digital world where China can have the first-mover advantage, the Fed is taking a deeper look at the pros and cons of a digital…Federal Reserve4 min read
Milàn·3 hours agoGlimpse of a recession through real estate lensThroughout the past few weeks, we’ve seen a lot of opinions diverge and go radically against their previous predictions. To simplify it, the price action in many assets has been quite choppy and most of the time both sides are struggling to retrieve the past earnings in terms of capital. …Federal Reserve7 min read
Merritt Hamilton Allen·1 day agoHow to spin the recession we might or might not be inOriginally published in the 8/5/2022 East Mountain Independent My sister who is visiting from DC had quite an intriguing lead-in: “I have an economics and PR question…” Those are two of my favorite things! …Federal Reserve5 min read
Bruce H. Cottman, Ph.D.inDataDrivenInvestor·2 days agoMember-onlyWhat if the Fed Fails to Curb Inflation?The U.S. stock market changes its outlook from one week to the next as the traditional indicators of company profits, inflation, Fed rate, employment rates, house prices, bond yields, and others send mixed signals. …Federal Reserve5 min read
Ben Warren·3 days agoInflation peaked, recession loomsFirst let’s revisit some points from my June thoughts: Inflation peaks, narrative lags It’s expected that when inflation fears peak, cash allocation increases.medium.com 5Y Breakeven inflation rate continues to fall toward 2021 bull market fever levels: Cash allocations continues to trend toward Covid crash levels, up another 16.5% since June. “Equity allocations fell to their lowest level in almost two years in July, according…Federal Reserve3 min read
Mitrade Financial Information·1 day agoToday’s forex news: Wednesday’s Inflation data to determine Fed rate hike policyEUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 XAU 🔼 WTI 🔼 Without any major economic data announced just yet, the market slows down as it awaits the latest US CPI data. The strong labor market gave a confidence boost to the Federal Reserve, if US inflation managed to decline…Federal Reserve2 min read
Mitrade Financial Information·2 days agoToday’s forex news: Strong nonfarm payrolls send greenback flyingEUR/USD 🔽 GBP/USD 🔽 AUD/USD 🔽 USD/JPY 🔼 USD/CAD 🔼 XAU 🔽 WTI ▶️ US nonfarm payrolls in July added 528,000 jobs, shattering the original estimate of 290,000 and reaching a five-month high. …Federal Reserve2 min read
Marco Annunziata·4 days agoU.S. Jobs Data: Good News Or Bad News?July’s jobs data came in better than expected, and stock sold off. From the markets’ perspective, if a company performs better than expected, it’s good news, but if the economy as a whole does, it’s bad news. Fallacy of composition. The financial press has a logical explanation: stronger jobs data…Federal Reserve3 min read
Vlad Gogish·4 days agoMember-onlyThe Fed’s Past Mistakes Will HurtPowell and Co. need to manage inflation more aggressively after not doing enough sooner. — The current economic situation is a cacophony. On the one hand, inflation is generationally high, the darlings of yesteryear like Robinhood are laying off workers, and stock markets have dropped steeply. …Federal Reserve3 min read
