Recent Posts

Which nation is leading AI isn’t the intelligent question

This week at the Bloomberg Ideas conference in San Francisco I had the pleasure of meeting a bunch of smart, friendly artificial intelligence (AI) researchers. Being the Gadfly that I am, I figured it would be a great chance to ask what, to my mind, was an incisive question. Is China or the US better at artificial intelligence? Turns out, ...

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Bank of England needs a better communications plan

Central bankers devote a huge amount of time and resources to communicating with markets, companies and the public. So why do the Bank of England’s (BOE) communications still end up confusing markets and distorting decisions in the real economy? The BOE’s latest inflation report marked a new low on the communication front. The bank explains how the outlook for interest ...

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Asian banks set to hold fire as Fed hikes rates

Bloomberg Most Asian central banks will stand pat for now, even with the Federal Reserve poised to raise borrowing costs this week. While previous tightening cycles in the US prompted many Asian nations to move in lockstep, things are different this time. Subdued inflation and healthy foreign reserves reduce the need to move quickly and the risk of a trade ...

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