Independent journalist focusing on economics and global economy Our website: en.econreporter.com
Kevin Warsh will officially take charge of the Federal Reserve on Friday as he will be sworn in as the next Fed chair at a White House ceremony hosted by President Donald Trump, Fox News's Edward Lawr…
Let's get this straight: Warsh hates forward guidance. But if we look at the three dissent statements from the Reserve Bank Presidents who voted against the FOMC decision, we can see that forward guid…
On the accidental invention of a new fiscal instrument, its structural advantages over existing debt ceiling workarounds, and the question of whether the next administration does this on purpose I. In…
Powell announced his intention to stay at the Fed board after his term as chairman ends on May 15. The amount of time he will remain at his governor position, which will only expire in Jan 2028, is st…
Rated: 4.5/5 Stars | Ahamed is unquestionably an excellent writer. In 1873, he managed to pack four decades of history about the Western financial system into 300 pages in an insightful and convincing…
Powell says he will be Chair Pro Tem as long as Warsh is not confirmed. Is it 100% going to happen?
The vacancy-to-unemployed ratio currently stands at 0.91 — meaning there are fewer open jobs than unemployed workers. At the peak of post-COVID labor market tightness, that ratio exceeded 2. This stru…
The Bank of Canada on Wednesday held its policy interest rate unchanged at 2.25%, which is exactly what the market expected. The focus is now on the central bank's assessment of the Iran War's impact …
Canada's inflation rate eased to 1.8% in February, the lowest since July last year. The deceleration in headline CPI year-over-year growth rate can mostly be explained by the base effect resulted from…
Canada Labor Market——February 2026 Unemployment Rate: 6.7%; Total Jobs MoM Change: -83,900; Full-Time Jobs MoM Change: -108,400; Part-Time Jobs MoM Change : 24,500
Waller speech; more on tariff
Global Tariff is now 15%; Hassett 'retracts' sth
US trade deficit continues to widen in December after hitting recent year low in October. The total import was USD 70.3 billion higher than export in the last month of 2025, according to the US Census…
Rated: 4/5 Stars | Planet Money Book is an excellent introduction to economics and finance and reminded me why it is good to have Planet Money in our life.
This page compiles the expected liquidity flows between Hong Kong Monetary Authority's (HKMA) Exchange Fund Bills and Notes (EFBNs) and the Aggregate Balance. Estimates of these liquidity flows can pr…
US trade deficit rebounded to USD 56.8 billion in November after recording a USD 29.2 billion shortfall, the smallest monthly since 2009, in the previous month, the US Census Bureau reported Thursday.
The Bank of Canada on Wednesday decided to hold policy rate at 2.25% unchanged, as expected by markets. However, what is a notable is the Bank continues to show dovish bias given the recent rebound in…
Reserve Management Purchases (RMP) is a form of open market operations under which the Federal Reserve injects reserves into the banking system through "permanent" asset purchases with an aim to ensur…
Canada's unemployment rate dropped substantially and unexpectedly to 6.5% in November, from 6.9% in the prior month, showing signs of a much-needed resiliency in the North American economy.
The Federal Reserve announced after the December meeting that it removed the aggregate limit on the Standing Repo Facility (SRF). Repo rates spiked toward the end of the week, with SOFR and the Tri-pa…
While GDP rebounded by 0.65% in Q3 (2.6% annualized), the expansion was driven almost entirely by a 2.2% drop in imports.
The Canadian economy saw a significant rebound in the third quarter. A 0.65% expansion in the quarter was more than enough to recover the downwardly revised 0.47% contraction in the previous second qu…
