The Central Banks' Watcher

The Central Banks' Watcher

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A New Federal Reserve Playbook?
Not just a new Chair: a new regime.
Dec 7 • Gianluca Benigno
Interest Rate Politics II: the Fiscal Footprint of UK Monetary Policy
Through its fiscal rules and institutional constraints, UK fiscal policy depends mechanically on monetary policy.
Nov 28 • Gianluca Benigno
Central Bank Commentary: Federal Reserve, Bank of Japan, Bank of England and SNB
Diverging Balance Sheets Paths
Nov 11 • Gianluca Benigno
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Tariffs as a Financial Event
Apr 8 • Gianluca Benigno
Background Note on Trade and Trade Imbalances
Mar 9 • Gianluca Benigno
Tariff as Financial Event II: the Geo-economics Fracture Hypothesis
Apr 15 • Gianluca Benigno
Interest Rate Politics II: the Fiscal Side of Monetary Policy
Sep 14 • Gianluca Benigno
Global Supply Chain Disruptions and Tariffs
Aug 4 • Gianluca Benigno
Interest Rate Politics II: the Fiscal Footprint of UK Monetary Policy
Nov 28 • Gianluca Benigno
The Geopolitics of Swap Lines
On the possible evolving role of swap lines
Oct 16 • Gianluca Benigno
Is the Bank of England Really in Control of Inflation?
Behind the headlines, the Bank has had more control than it seems.
Sep 28 • Gianluca Benigno
Central Bank Commentary: Federal Reserve, BoJ and BoE
Balancing Risks
Sep 24 • Gianluca Benigno
Interest Rate Politics II: the Fiscal Side of Monetary Policy
On how Monetary Policy shapes Fiscal Outlook (the U.S. case)
Sep 14 • Gianluca Benigno
US August-25 CPI Inflation Report
Inflation was broadly in line with expectations, but monthly headline and core readings surprised to the upside.
Sep 11 • Gianluca Benigno
Global Supply Chain Disruptions and Tariffs
Two Shocks, Two Different Channels
Aug 4 • Gianluca Benigno
Japan June-25 CPI Inflation Report
BOJ Confronts Inflation Dilemma as Tariff Shock Looms.
Jul 18 • Gianluca Benigno
The Central Banks' Watcher
The Central Banks' Watcher
Central Banks' Watcher offers an analysis and insights on major central banks policy decisions and macroeconomic challenges.
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