Howard Davies

Is Private Credit Becoming The Public's Problem?

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A recent U.S. court ruling suggests that some authorities have already overreached.

America's Financial Regulatory System Is Still Broken

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In the wake of the collapse of Silicon Valley Bank, the case for a regulatory overhaul could not be stronger.

Will Covid-19 Kill Cash?

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Reports that the coronavirus could be transmitted by handling cash has given people another reason to steer clear of banknotes.

Are Independent Central Banks Passé?

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The fear among monetary policymakers that governments will reassert control over interest rates is exaggerated.

Who Wants To Deregulate Finance?

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Fed watchers need to analyze minute differences in wording and tone to identify shifts in thinking.