logo
episode-header-image
Aug 2023
17m 43s

The central bankers’ rodeo

Financial Times & Pushkin Industries
About this episode

The central bankers of the world are just back from Jackson Hole, Wyoming, where they gathered to discuss the global economy. Two new papers dropped at the event, and together they say a lot about what worries policymakers: public debt and the Treasury markets. Also, we go long the SEC’s private fund regulations and short the neutral interest rate. 


For a free 90-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer


Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on Twitter. You can email Ethan at ethan.wu@ft.com.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Up next
Oct 29
Why the slowdown in Wall Street deals?
What started as a boom year for mergers on Wall Street has started to fade. There have indeed been some megamergers, such as the $111bn Paramount-Warner Bros Discovery deal. But as the cost of borrowing has ticked up and markets have pared back gains, the appetite for new deals h ... Show More
19m 44s
Oct 27
How much is Anthropic really worth?
Anthropic’s initial public offering is shaping up to be the largest ever. And the firm’s recently released prospectus explains how all of this is part of an enterprise for the benefit of the whole of humanity. Rob Armstrong and John Foley, head of Lex, go beyond the high-flying l ... Show More
22m 22s
Oct 22
Breaking down the bond market
Government bonds keep the lights on for countries all over the world and set the cost of money for everyone from the US to your mortgage lender. But even as bonds experience a rocky year, the public seems unaware and experts can’t quite explain what’s going on. The FT’s Robin Wig ... Show More
17m 50s
Recommended Episodes
Aug 2023
Hyun Song Shin on the New Financial Stability Risks
<p>At Jackson Hole, the Kansas City Fed's annual gathering for economists and central bankers, there's a lot of focus on the short-term path of monetary policy. But, of course, the Economic Symposium is supposed to be about long-term policy frameworks. And central bankers aren't ... Show More
41m 19s
Aug 2024
Lots More on What We Just Learned at Jackson Hole
Every year, the Federal Reserve Bank of Kansas City hosts an economic symposium in Jackson Hole, Wyoming. It’s a chance for central bankers and other policymakers to talk about issues facing the global economy, debate academic literature, and provide further guidance on the futur ... Show More
20m 31s
Jan 2024
Wall Street’s Biggest Banks Report Results
Anton Schutz, President at Mendon Capital Advisors and Bloomberg News Wall Street Reporter Sonali Basak break down earnings results from many of the big US banks. Ecolab Chief Sustainability Officer Emilio Tenuta discusses providing affordable, secure and inclusive access to wate ... Show More
46m 36s
Jan 2024
Central banks pushing back on rate cut expectations
<p>The market’s positioning for aggressive cuts in the US and Europe is being tested this week by several central bank officials. All of this is pushing US and European bond yields higher and continuing to weigh on equity markets. In Asia, a stock selloff deepened after fresh dat ... Show More
16m 6s
Aug 2025
Unhedged: The Fed under attack
This week we're sharing an episode from, Unhedged, another podcast from the FT network.The annual meeting of central bankers in Jackson Hole, Wyoming, is supposed to be an intellectual retreat. Instead, it was overshadowed by personal and political attacks on US Federal Reserve b ... Show More
20m 37s
Jul 2024
Rates
The world’s major central banks are considering interest rate cuts or even pushing ahead with them. But is the inflation battle really over? Host Carmel Crimmins and Agustin Carstens, General Manager of the Bank for International Settlements, look at the challenges ahead for cent ... Show More
19m 42s
Aug 2023
All eyes on Jackson Hole
<p>Markets are looking for signals from Federal Reserve chair Jerome Powell during this week’s Jackson Hole symposium, global stock markets have lost about $3tn in value this month and there has been a mixed reaction to China’s approach to monetary policy.&nbsp;</p><br><p><strong ... Show More
9m 3s
Feb 2023
The global crypto clampdown
From the BBC World Service:  The world’s largest economies have been meeting over the weekend. High up on the agenda, and supported by the IMF and the US, was the regulation of crypto assets. The BBC’s Will Bain has been speaking to industry insiders about what is needed. Plus, a ... Show More
6m 51s
Aug 2024
What It’s Like to Be a Fed President at Jackson Hole
This year’s Economic Symposium in Jackson Hole, Wyoming marked a big change for US monetary policy, with Federal Reserve Chairman Jerome Powell telegraphing the first rate cuts in potentially two years. But what’s it actually like to be a policymaker at one of the most famous eco ... Show More
35m 5s