Who are you and what have you done with Jerome Powell?
Jerome Powell has changed his tune on the speed of tapering. He was a different man, says NAB’s David de Garis with the Fed chair clearly much more worried about inflation.
Jerome Powell has changed his tune on the speed of tapering. He was a different man, says NAB’s David de Garis with the Fed chair clearly much more worried about inflation.
It’ll take a few weeks before we have a clear idea about the severity of the new Omicron strain. Markets attempted a bounce back on Monday, but it was by no means a full recovery and, on today’s podcast, NAB’s Ray Attrill talks about the uncertainty that awaits us.
Can an economy prosper with a negative trade balance. And what has MMT got wrong on this? Me and @profstevekeen on the latest Debunking Economics podcast.
We can expect markets to be very jittery this week . Until we know more on Omicron , markets will be sensitive to headline news, says NAB’s Rodrigo Catril on today’s Morning Call podcast.
With America still off for Thanksgiving, NAB’s Gavi Friend talks turkey on central bank thinking. How much is inflation really pushing for faster tightening – for the Fed, the Riksbank, the ECB and the BoE?
The US is spending more and income is up, with inflation rising, whilst Europe is still held back by COVID concerns. It’s the perfect storm, says NAB’s Tapas Strickland, pushing the US dollar to its highest level in sixteen months. Time for the Fed to move faster?
Better than expected PMIs from Europe, but NABs David de Garis says US bond yields are still up and the market still wants to hold US dollars. The RBNZ meets today – quarter percent or half a percent?
The news that Powell will stay on as head of the Fed pushed bond yields and the US dollar higher, but NAB’s Ray Attrill says the Aussie dollar held its own, helped by yesterday’s border reopening news.
Austria is the canary in the coalmine says NAB’s Rodrigo Catril. Markets are concerned about more lockdowns in Europe, whilst in the US some Fed officials are pushing for faster tapering.
Economics works well in principle apart from the bit about us having perfect information on products available. Me and Steve Keen on this week’s Debunking Economics podcast.
Clarence Thomas clearly wants to overturn gay marriage, gay relationships and contraception and get back to the original constitution. Strangely quiet on black rights.
Girls can still go to school in the US though, can't they? Or is that next?