Federal Reserve

Jay Powell says the US banking system is 'sound and resilient' as regional banks melt down. If it wasn't so serious, it would be hilarious.

It admits it owes more than it owns, and if it were a company it’d be bankrupt, but insists this doesn’t matter. I’m sceptical.

The Federal Reserve's own economists now believe a mild recession is inevitable stateside. Equity traders disagree.

The US labour market is past its peak, but still remains very tight despite higher interest rates.

This week’s charts begin with bearish trends

This week’s charts address the repercussions of banking crises on both sides of the Atlantic

This week’s charts revisit the evolution of Fed funds futures as the US central bank heads into a potentially pivotal meeting

Lazard's Chief Market Strategist argues valuations are too high and markets are too optimistic, with a recession likely in H2 2023.

Livewire's most widely-read contributor sits down for a conversation you cannot miss.

Central banks are notoriously "behind the curve". But a former deputy governor, Stefan Gerlach, tells us why he holds even graver concerns.