Democratic landslides in US state and city elections this week raised the possibility that Republicans could lose control of Congress entirely in the 2026 midterms. At the same time, the Supreme Court began public deliberations on legal challenges to the use of IEEPA emergency powers to impose tariffs without Congressional authority. Now on the backfoot after successful Democratic campaigns against high prices, will President Donald Trump be forced to leave the Federal Reserve alone to...
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Democratic landslides in US state and city elections this week raised the possibility that Republicans could lose control of Congress entirely in the 2026 midterms. At the same time, the Supreme Court began public deliberations on legal challenges to the use of IEEPA emergency powers to impose tariffs without Congressional authority. Now on the backfoot after successful Democratic campaigns against high prices, will President Donald Trump be forced to leave the Federal Reserve alone to...
Australia/New Zealand: “Adrian has a tendency to take a lot of the criticisms to heart”
Medley Advisors
16 minutes
8 months ago
Australia/New Zealand: “Adrian has a tendency to take a lot of the criticisms to heart”
Eighteen months after Australia’s central bank chief was removed, New Zealand’s governor Adrian Orr quit with three years left of his term. Both had faced withering political criticism, but Orr’s departure was so abrupt and inexplicable that it shook the market just as the Reserve Bank of New Zealand was carefully reversing its pandemic-era tightening cycle. To explain what Orr’s departure may mean for policy and to contrast the easing cycles in Australia and New Zealand, Pepijn...
Medley Advisors
Democratic landslides in US state and city elections this week raised the possibility that Republicans could lose control of Congress entirely in the 2026 midterms. At the same time, the Supreme Court began public deliberations on legal challenges to the use of IEEPA emergency powers to impose tariffs without Congressional authority. Now on the backfoot after successful Democratic campaigns against high prices, will President Donald Trump be forced to leave the Federal Reserve alone to...
