Kevin Warsh has devoted considerable time to critiquing the Federal Reserve for its excessive interventions. More recently, he has indicated that it may require a contrary approach. The tension will be prominently featured on Tuesday during the confirmation hearing before Read More …
The Federal Reserve on Wednesday maintained interest rates at their current levels, in line with expectations, while highlighting the “uncertain” effects on the US economy stemming from the US-Israeli conflict involving Iran. Fed officials remain optimistic that the disruptions in Read More …
In the absence of US market activity due to Thanksgiving, UK and European stock indices are generally experiencing a slight decline this morning. The emphasis continues to be on the analysis of the UK budget aftermath. This morning, UK bond Read More …