Fed

As recognized by most observers, Federal Reserve Chair Jerome Powell’s Jackson Hole speech leaned into a more dovish approach to interest rates and monetary policy than in previous statements. In his much anticipated address on August 22,…

La lunga storia della Fed si può riepilogare con un epigramma: fu l’ultima banca centrale ad arrivare, ma si trovò a diventare la prima. L’atto di nascita ufficiale della Federal Reserve fu registrato dal Congresso degli Stati…

The euro fell below parity with the dollar on 23 August 2022 for the first time in twenty years. The best explanation is monetary policy and not purchasing power. A euro buys a lot more than a dollar, whether the frame of reference is Big…

On December 16, the United States Federal Reserve (Fed) raised interest rates for the first time in nine years, a move some fear will cause major negative effects, while others believe was long overdue. In her statement announcing the…