With America divided, the spotlight once again falls on the Fed Amid the continued uncertainty of the US presidential election, one thing is clear: Joe Biden’s White House, should he secure victory in the coming days, will struggle to deliver its desired fiscal stimulus package through a Republican Senate. The US economy’s path through the Covid recession will therefore be shaped by the actions of a [...]
DEBATE: Is Bill Dudley right to argue that central bankers should fight back against politicians like Trump? Is Bill Dudley right to argue that central bankers should fight back against politicians like Trump? Vicky Pryce, former joint head of the Government Economic Service, a board-member of CEB,R and co-author of It’s the Economy, Stupid, says YES. At first reading, former Federal Reserve policymaker Bill Dudley seems to be making a political statement. [...]
DEBATE: Is Christine Lagarde a smart pick to take over from Mario Draghi at the European Central Bank? Is Christine Lagarde the right choice to take over the ECB? Is Christine Lagarde a smart pick to take over from Mario Draghi at the European Central Bank? Yes, says Pierre Ortlieb, an economist at OMFIF Christine Lagarde’s tentative appointment reflects the challenges that the ECB will face in its third decade. Post-crisis unconventional monetary policy and the Bank’s prominence in the continent’s capital markets have [...]
DEBATE: Are smart speakers really a better measure of inflation for the ONS than envelopes? March 12, 2019 Are smart speakers really a better measure of inflation for the ONS than envelopes? Vicky Pryce, former joint head of the Government Economic Service and author of It’s the Economy, Stupid, says YES. It makes sense for the ONS to rethink its inflation basket. Fewer people write letters now, although parcels have increased with online [...]
