Jerome Powell – Blain's Morning Porridge

Blain’s Morning Porridge Capitalism central banks Fed Global Growth

Did the Fed just make a long term mistake? Is inflation a bad or good thing?

Jerome Powell signalled a slow-down in interest rate hikes – and markets loved it. But did he just make a long-term mistake by not decisively signalling the end of the era of monetary and market distortion? There are lessons to be learnt, not least being the role of inflation in a buoyant economy.

Distortion, Fed, Growth, Inflation, Jerome Powell, markets
Bill Blain
December 1, 2022
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Blain’s Morning Porridge China Fed Recession

Fed rocks market, but Recession and China’s Surveillance State are long-term bigger risks

The Fed roiled markets over the pace and scale of rate hikes, but ultimately markets are about growth. The big issues were not thinking about enough are global recession, slowing trade, and the threats China’s evolution into a Surveillance State raise for future growth.

China, Fed, Jerome Powell, recession, Surviellance State
Bill Blain
November 3, 2022
5