We’re now on the run into the September FOMC meeting. The key report will be this Friday’s non-farm payrolls report
Last night’s price action spoke to the virtues of sleeping deeply and turning off your phone. First, better than expected
The typically well informed (especially on things Democratic) Ezra Klein reports that Summers is now the leading contender to replace
The QE outlook has started to dim, as Lawrence Summers firms as favourite to replace Bernanke next year. This seems
The BIS has just published a paper which traces the main path through which QE works to stimulate the economy.
The WSJ’s inimitable Jon Hilsenrath has just published a note that emphasises that the market reaction to Bernanke’s tapering comments
The WSJ’s inimitable Jon Hilsenrath writes that the Fed is set to signal tapering at their June meeting, with a