Even before the crises the Fed had other instruments to use if you include the stability of the financial system as a goal. So early in the article you start to lose empathy with its authors. It is useful to revive Tinbergen, especially useful for ...

Central Banking With a Straight Face

The Russians backing Crypto is a really bad sign.

Russia's Dep Foreign Minister Pankin: Potentially In The Future, Digital Currency May Replace...

I have found it useful to consider your next one year of life as a proportion of how much longer you expect to live. At age 5 years the proportion is 1.33% if you expect to live to 80 years. At age 60 years the proportion has increased but still ...

The human life span is theoretically limitless, a study suggests - adding fuel to a...

This is weird. If inflation is coming then people would getting fixed not floating. Either people are wrong (probable) or being misled (highly probable). There is no inflation so better to stick with floating where surely most people would be ...

Canadian home buyers pile into variable loans, blunting impact of rising fixed rates

Fed will continue to be dovish in line with G20 agreement, fiscal confusion, mixed domestic economy and unconvincing inflation outlook. Also tapering and increasing the official interest rate are not the same thing see other post on this.

Fed Hits the Brake on Tapering Expectations

River Wild is a great Streep movie and a useful allegory here. Biden may seem an unlikely Streep but he's been down this stretch before and if he fails the ending will be failure for USA. I confess I can't watch Fox 'News' anymore. I'm not American ...

Biden Says He Wants ‘Whole Range’ of Programs in Spending Bill

China does not have an economic model. As most countries in democracies it is trying to find the appropriate mix of capitalism and socialism which will achieve progress. But as a communist led country it does not have a democracy so must pretend ...

Is China's economic model broken?

When USA data is mixed traders should know neither inflation nor deflation is near. And picking up a change on a month by month basis is precisely what astute analysts are trying to do, including the Fed's analysts.

Retail Sales recap: American Consumer is alive and well

Nothing new. Big picture is the world has lots of spare capacity. In a world of open trade people will sensibly buy from the cheapest source. Pressure if anything will be deflationary - such as the last 10 years. Simple.

Retail And Food Sales: If It’s Not Inflation, And It’s Not, Then What Is It?

Essential to remember that tapering began as one of several extreme measures introduced to deal with the USA financial crisis which spread abroad as well. That is the policies go back to 2008 or about 13 years ago. Like turning a battleship it will ...

Fed says it could begin ‘gradual tapering process’ by mid-November

As posted earlier NZD better played at the moment through AUD/NZD with over 200 pips already in the kitty though unrealised at 1.06. Previous rebounds have taken the rate back to the 1.09 level and if we are talking about a sustainable global ...

NZDUSD starts sideways move in descending channel

But then what do you use?

4 Effective Trading Indicators Every Trader Should Know

I disagree as per recent posts. Fed has already indicated there is no lockstep between end of tapering and increase in Fed Funds Rate and economy is already mixed at very least not pushing against capacity limits in spite of years of claims of ...

Everyone’s a Dollar Bull as Taper Makes U.S. Currency a Top Bet

Avoid USD plays while US democracy is cringing. Safe havens becoming gradually less safe so can see some upside against CHF and JPY but not elsewhere. No unity within Democrats nor Republicans. People forget that tariffs and sanctions and xenophobia ...

US Dollar Strength Today is Equal to Gold Weakness in Terms of Percentage Gain and Decline

Traders should have a look at AUD/NZD. Multiple times since 2014 AUD has bounced back up as the gap narrowed in NZD favour. Recently visited 1.03 now pushing 1.05. But on previous rebounds goes toward 1.10 or higher depending on fundamentals and ...

AUDUSD bounces off 1-month low below 0.72

The article is about supply chains but the comments do not relate to that issue. Triple crises at roughly the same time take time to deal with. The pattern of currencies is following what you would expect with little volatility pending a sustainable ...

Powell: 'never really seen' these kind of supply-chain issues

An opinion of maybes. What is certain is that in a world of open trade the two biggest players have much more to lose from disagreeing than agreeing. USA has huge problems such as a weakening democracy while China is embracing capitalism but not ...

US Dollar Outlook Bullish on Future US-China Tension

Its not useful to engage in a thread full of hate-speech. I want these threads to be about issues worth debating and relevant to forex. As it is it is mostly a room full of people shouting about their own ignorance and biased hate-speech with zero ...

Biden’s Opportunity to Reshape the Federal Reserve

Australia needs China. China and USA need to cooperate on world trade rules then stick to them. These are the points which matter most in this context.

Australia’s treasurer says economy must diversify and rely less on China

Well this is a good debate but sadly the viewpoint will be labelled as 'radical left' given that such debates do not take off any more. The comment that 'the lack of resilience of the market economy' I disagree with and favor more that 'the market ...

Joseph Stiglitz says it’s time to rewire the U.S. economy: ‘We shouldn’t let a good crisis go...