The latest
Why central banks need to change their message

The US and European central banks thought they could manage their economies by bringing their secretive plans for interest-rate regulation into the light. But they didn’t account for an unreceptive public.
Don’t rely on the media to transmit Fed speak
Many Americans still exhibit a profound lack of awareness about inflation and the policies meant to guide it, according to research.
Has unconventional monetary policy run its course?
Tharman Shanmugaratnam, Senior Minister and Coordinating Minister for Social Policies of Singapore, on quantitative easing, prolonged periods of very low interest rates, and international spillovers.
The Fed can’t fight a trade war
Central banks can stimulate demand, not supply.
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