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Money & Macro on MSN12dOpinion
The Controversial Rise of Central Banking
Central banks were supposed to bring stability to financial markets, but have they actually made economies more fragile? From ...
Australian central bank reduces benchmark interest rate to 3.85% in second cut this year
Australia’s central bank has reduced its benchmark interest by a quarter percentage point for a second time this year to 3.85 ...
Central bank body BIS flags potential for dollar scramble
Central bank body the Bank for International Settlements has flagged a possible scramble for dollars could be triggered if ...
Central bank project shows monetary policy still viable in 'tokenized' system
Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized ...
Powell may have a hard time avoiding Trump's ‘Too Late' label even as Fed chief does the right thing
In a Truth Social post after the Fed decision this week to keep rates unchanged, Trump declared that "Too Late' Jerome Powell is a FOOL, who doesn't have a clue." The president declared there is ...
Goldman Sachs says undermining central bank independence has economic repercussions
An analysis by Goldman Sachs finds that reducing the independence of central banks like the Federal Reserve can contribute to ...
Wall Street Journal5d
Ben Bernanke Argues for More Transparency at the Federal Reserve
Over decades, the Fed has gradually moved toward greater transparency, a departure from the days when longtime Fed Chair Alan Greenspan cultivated an air of mystery around how the central bank was ...