Monthly Archives: June 2018

FOMC member Neel Kashkari has been doing battle with the crypto gold bugs on Twitter.  In the cut and thrust of this debate, he let fly that the 2% target the Fed had set itself was an ‘arbitrary number’. I … Continue reading →

No. First, recall that the inveterate hawk McCafferty is about to depart the Committee, to be replaced by Jonathan Haskell.  It’s not possible to parse his views at this stage, but McCafferty’s were at the very hawkish end of the … Continue reading →

Social care funding is as pressing now as when the issue blew up Theresa May’s 2017 attempt to decimate the Labour Party and assert control over the Brexit process.  A consensus of sorts seemed to emerge from that discussion that … Continue reading →