"Biden printed a ton of cash while forcing people to sit at home unproductive. I don’t think there is anything the Fed could have done to stop this inevitable outcome of covid lockdowns."

>"By helping abate the liquidity crisis, incidences of banks becoming insolvent are reduced, and hence moral _...Read More_

The Nigerian central bank uses all the same tools as other central banks. And it uses them a lot.

>"Shifting expectations for inflation and central-bank policy spark surprise moves in government-debt markets, hurting big-name players."

"The current mini-surge in inflation is forecast to return to central bank targets towards the end of 2022, or shortly thereafter. However, there is also a risk of inflation remaining persistently high for longer. This column discusses the _...Read More_

"Why do central banks find their work so difficult? The common view is that this is because they are stupid. Those who claim this argue that central banks need to maintain interest rates in line with their historic norms. This is wrong _...Read More_

"The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also listed crypto _...Read More_

"Central bank regional presidents traded securities in markets in which Fed choices mattered in 2020. Here’s why critics find that troubling."

"Economic activity, of practically any and every kind, is strongly integrated with emissions that contribute to climate change, hence the sizeable drop in carbon emissions last year and strong snapbacks thereafter as output recovers to _...Read More_

Great piece on what is driving interest rates. "one interesting implication of how inequality and population growth affect interest rates is that if economic policy (pro-growth spending, pro-baby spending, both etc) "works" then we're back _...Read More_

"Central bank independence was formally instituted in many economies in the 1990s and is often associated with the 'Third Way' of that decade. But CBI has a much longer history"

"One way or another, central-bank monetary policy has set the stage for a persistent and ugly inflationary future. Recent price surge renews debate, with huge consequences for investors"

A good overview of the Fed's real origins in populist demands for easier credit, rising prices and a money supply less tied to gold.

"Ajmal Ahmady said the central bank had $9 billion in international reserves, including $7 billion at the Federal Reserve. The Biden administration has frozen the assets in U.S. banks."