THE TREASURY SECRETARY AND THE MAESTRO / CREDIT BUBBLE BULLETIN

The Treasury Secretary and the Maestro Doug Nolan South Korea’s KOSPI equities index sank 10.0% Tuesday, rallied 3.3% Wednesday and an addit...

THIS ECONOMIC WEAPON IS WORTH CONGRESS`S ATTENTION / THE WALL STREET JOURNAL OP EDITORIAL

This Economic Weapon Is Worth Congress’s Attention Currency swap lines are useful foreign-policy tools, but current law limits their availab...

CENTRAL BANKS ARE BEGINNING TO FRET ABOUT DOLLAR SWAP LINES / THE FINANCIAL TIMES OP EDITORIAL

Central banks are beginning to fret about dollar swap lines Officials outside the US worry about what will happen when Jay Powell leaves the...

LIGHT NEEDS SHEDDING ON THE DOLLAR SWAP BLACK HOLE / THE FINANCIAL TIMES OP EDITORIAL

Light needs shedding on the dollar swaps black hole In a world of geopolitical risks, economic pain and challenges to the US currency’s supr...

SAYING AU REVOIR TO THE MOST SUCCESSFUL POLICY IN FEDERAL RESERVE HISTORY / THE WALL STREET JOURNAL

Saying Au Revoir to the Most Successful Policy in Federal Reserve History The Fed’s three-month currency swaps to other central banks cost n...

CENTRAL BANKS SCALE BACK DOLLAR LENDING OPERATION AS DEMAND DROPS / THE FINANCIAL TIMES

Central banks scale back dollar lending operation as demand drops Use of swap lines declines as financial system recovers from coronavirus...