Macro Musings

Recent data reveals that when U.S. presidents exert political pressure on the Federal Reserve, significant swings in inflation often follow.

Expanding institutional cryptocurrency adoption could be a crucial strategy for helping curb the expansion of China’s growing digital authoritarianism across the globe.

Establishing a new pre-positioning rule could be a novel solution that would help normalize and destigmatize the use of the discount window moving forward.

As birth rates continue to decline around the globe, it’s important to recognize the wide range of benefits that come with having more children and larger families.

While the actions of the Treasury have helped facilitate the Fed’s recent goals of achieving a soft landing, its potential political motivations in doing so should not be ignored.

The history of inflation in the US provides the Fed and other policymakers plenty of lessons for how to more effectively stabilize prices as the economy continues to evolve.

Broadening access to the standing repo facility may be the most effective first step towards reforming the Treasury market.

As the US continues to navigate through the post-pandemic Vibecession landscape, it’s more important than ever to bridge the disconnect between the American people and their perception of the economy.

Implementing reliable central clearing or all-to-all trading are just a few potential options to consider for reforming the Treasury market.

As an increasing number of central banks contemplate the implementation of CBDCs, it is crucial to balance the benefits they offer against the risks to financial privacy, cybersecurity, and overall economic freedom.