Day: 6 April 2022

Fed to slash balance sheet sooner rather than later

Risk appetite is under pressure ever since Lael Brainard spoke, says NAB’s Gavin Friend. Now the Fed minutes talk of a $95b monthly QT in a matter of months. One casualty is the Aussie dollar.

The inflation genie, can we bottle it?

On this week’s Debunking Economics podcast Steve Keen tells me that its up to governments, not central banks, to bring inflation down.

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