Jerome Powell position

Jerome Powell baffled both the experts and the markets

Jerome Powell ditches forward guidance

In his first press conference, Jerome Powell baffled both the experts and the markets. After reading the hawkish introductory statement, he defused all fears for a harsh and swift monetary tightening.


Be careful with the Taylor Law

Be careful with the Taylor Law

We need to be aware of the existence of regulations over and above the well-known Taylor Law, starting with this regulation adjusted to establishing a downward limit on rates of 0%, which is very important in the US Fed’s case.