UBS On-Air: Paul Donovan Daily Audio 'The British are coming'
About this episode
The episode discusses the influence of British economic practices on the Federal Reserve's recent decisions.
Despite King Charles reassuring US members of Congress that there was no “rearguard action” to re-establish control, the Federal Reserve has acquired a distinctly British accent. Four dissents (in two directions) is a straightforward Bank of England imitation (economics is always more convincing in a British accent). Fed Chair Powell pledged to remain in office as a governor.
Topics covered
- Federal Reserve
- Bank of England
- economics
- US Congress
- interest rates
Mentioned in this episode
Organizations: Federal Reserve, Bank of England
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