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Latest News & Insights


China’s financial reforms are linked to petro yuan

Foreigners will need access to high-quality yuan assets—liquid and market-priced—if they are to be induced to hold yuan reserves.

Deficits don’t matter—until they do

Jim O'Sullivan sends up a warning on the CBO'S U.S. deficit projections: "None of the projections allows for a recession at any point, which is highly implausible."
Click here to read.

U.S. participation rate headed up?

Could a rise in the U.S. labor market participation rate help stop the uptrend in inflation? Not likely.