Macro Musings

Broadening access to the standing repo facility may be the most effective first step towards reforming the Treasury market.

As the US continues to navigate through the post-pandemic Vibecession landscape, it’s more important than ever to bridge the disconnect between the American people and their perception of the economy.

Implementing reliable central clearing or all-to-all trading are just a few potential options to consider for reforming the Treasury market.

As an increasing number of central banks contemplate the implementation of CBDCs, it is crucial to balance the benefits they offer against the risks to financial privacy, cybersecurity, and overall economic freedom.

As the Fed approaches its next framework review, there are numerous modifications the central bank could consider to further enhance its current monetary policy framework.

Financial statecraft has been a crucial economic and geopolitical instrument in U.S. foreign policy and will continue to serve as an essential tool in the new era of digital currencies.

In order to prevent future financial instability, the Fed should consider further action in addressing the elephant in the room that is the discount window.

Although the US currently enjoys the benefits of a safe harbor investment premium, there are numerous potential risks that could arise that would greatly threaten the future health of the US economy.

To prevent future policy errors, the Fed should aim to be more transparent about reviewing and acknowledging past mistakes.

As the Fed approaches its next framework review period, there are a number of changes that the central bank can make to improve how it evaluates and executes monetary policy.