PML's Macro Focus
Chief economist with considerable experience in formulating, implementing and assessing macro policies and their effects on economies and markets.
| Platform |  | Pricing | Only free issues | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 101 | Founded | a year ago | Last Issue | 11 days ago |
| Active | |||||
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mortimerleepaul.substack.comLatest Issues
UK: Soft Left Economic Proposals: Hard on Gilts, Sterling and Growth
At least the Tribune group has a plan…
The Tribune Group’s new economic blueprint is an interesting and in some respects important intervention because it at least attempts to answer a question British politics has largely avoided for the...
BoE Dithers as Fed Divides and ECB Leans Hawkish
This week’s central bank meetings delivered a familiar headline: no change in interest rates. But that’s where the similarity ends.
The Federal Reserve, European Central Bank, and Bank of England are no longer moving in sync. Not in to...
Federal Reserve: Uncertainty Squared
It’s getting spicy on the FOMC. And that’s before Kevin Warsh is even confirmed. Three members marked out their turf on Wednesday by objecting to the “easing bias” in the Statement.
Growth and output assessment unchanged, inflation assess...
Britain Even Considering a Rent Freeze Signals Fiscal Exhaustion
When governments run out of money, they don’t stop intervening — they just get worse at it. UK political discussion of possible rent controls is a case in point. The possible rent freeze is a policy born of constraint and desperation, not s...
What's Driving the Gilt-Treasury Spread?
The widening spread between the 10-year gilt and the Treasury counterpart has drawn much comment, with many in the market blaming Britain’s fragile fiscal position, and many concerned that the November 2025 Budget had front-loaded spending...
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Chief economist with considerable experience in formulating, implementing and assessing macro policies and their effects on economies and markets.
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