This man may soon be the world’s ‘second-most-powerful person.’
AP Photo/Andrew Harnik
The chair of the Federal Reserve is often considered the world's 'second-most-powerful person.' So who is Jerome Powell and why does it matter that he may soon head the Fed?
Should the Reserve Bank of Australia better represent the poor?
A new report suggests the board of the Reserve Bank of Australia should income a "representative of the poor". This is a proposal worthy of consideration.
South Africa has been rocked by a legal battle between the country’s Public Protector and Reserve Bank.
South Africa's Public Protector, has been exposed as incompetent after trying to meddle with the constitutional mandate of the country's central bank.
Fed Chair Janet Yellen heads one of the most powerful financial institutions in the world.
Randal Quarles, the president's first nominee to the Federal Reserve's board of governors, has argued the bank should use rules to make decisions. But could such a shift prove disastrous in a crisis?
Stable food prices are a central issue for South Africa’s Reserve Bank. But should it be doing more to protect the poor?
There's a raging debate in South Africa about the role of its central bank. This is inevitable given that so much is changing in the world of central banking and in economic life.
Public Protector Busisiwe Mkhwebane has lit a grass fire in South Africa’s financial circles.
South Africa's Public Protector, Busisiwe Mkhwebane has touched on two highly contentious issues: the unresolved bailout for a local bank three decades ago. And the role of the country's Reserve Bank.
Fed Chair Janet Yellen speaks at a press conference following the rate-hike decision.
AP Photo/Susan Walsh
The Federal Reserve lifted rates for the second time this year and expects to do so once more, suggesting it's fairly confident the economic recovery will continue. Is it overconfident?
Up from here?
Richard Drew/AP Photo
Many observers argue the Fed's wrong to raise rates so soon. Here's why they're wrong.
Donald Trump has repeatedly criticised the Federal Reserve.
Trump's attacks on the Fed have raised questions about its independence, but there is more to good governance than that.
It's becoming a matter of 'when' rather than 'if' the first central bank takes the plunge and introduces quantitative easing for the people.
Mark Carney, governor of the Bank of England, has been criticised for his comments on how Brexit will affect financial stability in the UK.
Charting a different course.
With economies in Europe and America forging very different recoveries, their central banks are having to navigate by different stars.
The sour face means the Fed must be about to raise rates.
Whenever speculation grew louder that the Federal Reserve would lift its target interest rate this year, stocks took a dive. Here's why.
Fed Chair Janet Yellen’s rates balancing act would be easier if the government got in the game.
The more important question is when the federal government will get in the game and help support the economy.
Hamilton’s political enemies unduly tarnished his legacy.
'Hamilton' via www.shutterstock.com
Alexander Hamilton's story is our story. It would be a mistake to remove him from the $10 bill.
South African Reserve Bank Governor Lesetja Kganyago is the third since the bank adopted a more transparent way of operating.
The South African Reserve Bank is a fine example of clear communication of the decision whether to hold, increase, or decrease interest rates. It also gives clear signals of future decisions.
Implementing monetary policy is like treating a patient. A central bank needs the freedom to choose which instrument will work best.
The desire of some lawmakers to subject the Fed to extra scrutiny betrays a misunderstanding of central bank independence and monetary policy.
Keeping them waiting. Mario Draghi.
World Economic Forum
Mario Draghi did get round to announcing a much-anticipated new round of quantitative easing (QE) in the end, but never have nine minutes felt so long. The world tuned into the European Central Bank press…
Who knew a coin could do so much harm.
Currency wars have been predicted for years. Outright monetary battles were last seen during the Great Depression of the 1930s, when governments competed to devalue their currencies to gain market advantage…
The People’s Bank of China recently cut interest rates to stimulate the economy. But it probably won’t fix the real problem.
China’s central bank surprised most observers last month when it announced its first interest rate cut in more than two years. The move is intended to bolster growth in the world’s second-largest economy…