Articles in this Cluster
31-01-2026
US President Donald Trump has nominated Kevin Warsh, a former Federal Reserve governor, to lead the US Federal Reserve when current chairman Jerome Powell's term ends in May. Warsh is expected to support lower interest rates in the near term, despite having a previously hawkish reputation. The appointment comes amid concerns about the Fed's independence, following Trump's increasing attacks on Powell. Warsh's nomination still needs to be approved by the Senate and may face delays. Economists are divided on Warsh's potential impact, with some seeing him as a relatively safe choice and others questioning his logic on interest rates.
Entities: Donald Trump, Kevin Warsh, Jerome Powell, US Federal Reserve, Federal Reserve • Tone: neutral • Sentiment: negative • Intent: inform
31-01-2026
The article argues that Chris Waller should be chosen as the next chair of the Federal Reserve instead of Kevin Hassett. President Trump has hinted at nominating someone early next year and betting markets favor Kevin Hassett, a trusted economic adviser to Trump. The article suggests that Hassett is too partisan and would likely cut interest rates to suit Trump's desires, whereas Waller is a more suitable technocrat for the role.
Entities: Chris Waller, Kevin Hassett, Federal Reserve, Donald Trump, Lisa Cook • Tone: analytical • Sentiment: negative • Intent: persuade
31-01-2026
The Economist's finance and economics section features various articles discussing global economic issues, including the potential impact of Kevin Warsh's nomination to the Federal Reserve, Japan's foreign portfolio, the weak yen, and the dollar's value. Other topics include the effect of Russia's shadow fleet on oil revenues, gold's rally, the future of white-collar jobs with AI, and Europe's free-trade deal with India. The articles analyze various economic indicators, currencies, and market trends, providing insights into the global economy.
Entities: Kevin Warsh, Federal Reserve, Donald Trump, Japan, yen • Tone: analytical • Sentiment: neutral • Intent: inform
31-01-2026
The article discusses the recent decline of the US dollar against other currencies, with a 12% decrease since President Donald Trump's inauguration last year. Trump praised the dollar's performance despite its decline, stating it was 'doing great.' The article questions the dollar's debasement and analyzes the factors contributing to its weakness.
Entities: Donald Trump, US dollar, Federal Reserve, Kevin Warsh, Japan • Tone: analytical • Sentiment: neutral • Intent: inform
31-01-2026
The Economist's Big Mac index, a measure of currency valuation, is sending a warning signal about Asian currencies, particularly the yen, which appears undervalued. The article discusses the implications of this undervaluation and references the historical context of currency coordination among major economies, such as the 1987 Louvre Accord. It also touches upon the current state of Japan's foreign portfolio and the potential knock-on effects of a sell-off in Japanese-held foreign investments.
Entities: The Economist, Big Mac index, Asian currencies, Yen, Japan • Tone: analytical • Sentiment: neutral • Intent: inform
31-01-2026
The article discusses the recent weakness of the yen and dollar, attributing it to underlying financial fragility. It argues that currency intervention by Japan or America would be a distraction and not address the root causes of potential financial turmoil. The article suggests that the issue lies in the rising interest rates and the effects rippling through markets, particularly in Japan, which has amassed significant foreign investments. The U.S. Treasury Secretary has linked bond market movements in Japan to changes in long-term Treasury yields. The article advises against meddling with exchange rates and instead encourages understanding the underlying causes of financial instability.
Entities: Japan, America, Yen, Dollar, U.S. Treasury Secretary • Tone: analytical • Sentiment: neutral • Intent: inform
31-01-2026
The article discusses Kevin Warsh's nomination by President Donald Trump to lead the Federal Reserve. Warsh was chosen over other contenders, including Kevin Hassett, Rick Rieder, and Christopher Waller. The article highlights Warsh's background and Trump's reasoning for selecting him, noting that Warsh was initially considered an inflation hawk but later changed his stance. The article provides context about the selection process and Trump's praise for Warsh's credentials.
Entities: Kevin Warsh, Donald Trump, Federal Reserve, Kevin Hassett, Rick Rieder • Tone: neutral • Sentiment: neutral • Intent: inform
31-01-2026
The article discusses the potential appointment of Kevin Hassett as the chair of the Federal Reserve by President Donald Trump. Hassett has a background in economics and has worked at the Fed before, but his recent transformation into a partisan figure raises concerns about the Fed's independence. The article analyzes the implications of Hassett's appointment on the relationship between the Fed and the White House.
Entities: Kevin Hassett, Federal Reserve, Donald Trump, Washington, White House • Tone: negative • Sentiment: negative • Intent: analyze
