Central banks

The Fed’s new chair won by the narrowest vote ever
54–45: the narrowest confirmation vote in Federal Reserve history.

When a president tries to fire the Fed chair
On April 15, Donald Trump threatened to fire Federal Reserve Chair Jerome Powell if he doesn’t leave his post by May 15.

Financial markets: how stocks, bonds and prices work
Stocks, bonds, derivatives, indices, market makers, liquidity, financial markets have their own language, their own rules, and their own logic. A structured breakdown of how they’re organized, who the key players are, and what actually moves prices, beyond the headlines.

Interest rates: how monetary policy moves the economy
When central banks move their key rate by a quarter of a point, mortgage costs shift, currencies fluctuate, and stock markets reprice, sometimes within minutes. Understanding why that happens is the starting point for reading any major economic event of the past two decades.

Inflation: mechanisms, causes and consequences
Prices rise, savings shrink, central banks react. Here is how the mechanism reaches you, and how to read it.