Thin Ice Macroeconomics
Spyros AndreopoulosMacro. Central Banks. Climate Change.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 62 | Subscribers | Read | thinicemacroeconomics.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Will Stablecoins Turbocharge the Exorbitant Privilege?
While in the near term the growth of stablecoins may loosen US fiscal constraints and boost the dollar’s dominant currency status, stablecoins ultimately just add a layer of complexity to the discussion about the quality of the country’s in...
Firmly In Neutral
The ECB has no bias – it’s firmly on hold. There is no appetite to consider an “insurance” cut – the cut will have to be justified by the data, and the threshold for action has not been met. I still think a cut is more likely than not in De...
Dispatch€s from Frankfurt - ECB Preview: Wait-and-Watch Continues
The ECB will keep rates unchanged on 11 September. I expect staff inflation projections will be lowered slightly. While that doesn’t change the big picture, it should make for more nuanced communication than in July.
Fed Independence: Pressure Cooking
The Lisa Cook incident is but the latest episode in the serial of White House pressure on the Fed. Institutional structure by itself will not be sufficient to maintain Fed independence. Ultimately, upholding the integrity of institutions de...
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Authors
The writers behind this newsletter.
Economist writing on all matters macro and markets. Ex ECB, where I conducted monetary policy analysis and prepared meetings and communication. I have also worked in the private financial sector, at investment banks BNP Paribas and Morgan Stanley.
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