Banking industry Archives - Page 54 of 360

The Fed in an Age of Uncertainty

How uncertainty over the wisdom of the Fed starting to tighten in 2017 and its reading of Trump policies might impact other economies.

How To Balance Sovereignty and Integration in a Voluntary EU

Why is the EU project in trouble and what might be done to fix it?

More Brexit Delusion: City Issues Wish List That the EU Already Rejected

When you’d thought the British had reached the limits of outlandishness on the Brexit front, they manage to outdo themselves.

Wolf Richter: What’s Going on with the Banks? Citi Cuts Goldman to “Sell,” after Goldman Cut Citi to “Neutral”

Citi and Goldman downgrades suggest the Trump trade may be overdone.

Tom Ferguson: Monetary Policy Can’t Levitate a Broken Economy

How central banks’ policy remedies have taken big steps backwards.

Yet Another Glaring Flaw With Trump Infrastructure Plan: Dependence on Vagaries of Tiny, Slow-Moving Tax Equity Market

The oh-so-clever Trump plan to use tax credits to fund infrastructure spending means it will be too small and slow to provide any real boost.

Will Trump Take the Poisoned Chalice of Firing CFPB Director Richard Cordray?

Why firing Consumer Financial Protection Bureau Director Richard Cordray would probably turn out to be a win for Democrats.

Trump Selects Jay Clayton, S & C Partner, to Head SEC

Trump’s choice to head the SEC, prominent corporate lawyer Jay Clayton, is much more of a mainstream pick than many of his other appointments so far.

Don Quijones: Power & Profit Fuel War on Cash in Europe

Be warned: European officials have already starting taking tough moves in the war on cash.

Republicans Likely to Pass “Audit the Fed”

“Audit the Fed” is likely to become law. It’s about time.

Matthew Cunningham-Cook: How Finance Is Starving Yemen

Who is backing and profiting from the Saudi campaign for mass extermination in Yemen?

Nomi Prins: My Political-Financial Road Map for 2017

Some specifics of why political risk and central bank policy will make for a wild ride in 2017.

Doves, Hawks… and Pigeons: Why Central Bankers Favour Monetary Policy Inertia

The discussion of the delayed lift-off in US monetary policy is just the latest episode in a long-lasting debate over the causes of inertia in monetary policy. This column approaches the issue by assuming that psychological drivers can influence the decisions of central bankers. Loss aversion is one source of behavioural bias which can explain delays in changing the stance of monetary policy, including the fear of lift-off after a recession.