The ECB Must Act Soon to Avoid a Currency Crisis: Bloomberg
This is a risk the ECB can no longer take. It has to raise rates this year and telegraph its expected actions clearly. Otherwise, its...
The Fed Has Made a U.S. Recession Inevitable
(Bloomberg Opinion) — U.S. Federal Reserve Chair Jerome Powell has made two ambitious assertions about the central bank’s management of the economy. In his latest...
The Bond Market Is the One Behind the Curve Now
(Bloomberg Opinion) — The bond market needs to take the Federal Reserve at its word this time. After pushing the central bank to accept that the...
The Fed Needs to Delay Its Rate Hikes: Bloomberg
After next week’s hike, the Fed should hit pause for at least the next several months and possibly through the summer — even though the...