Why central banks are baffling investors

Hundreds of years ago, across Europe - from Germany to Scandinavia, France to Britain - tens of thousands of mostly women were executed, accused of being witches. The persecution reached its height in the 16th and 17th centuries. But why? And could economics help explain the hyst ...  Show more

The French Revolution was a bloody fight for liberty, equality and fraternity. But it was also a battle over money.In part two of our series on the French Revolution, host Robin Wigglesworth tackles the transformation of France’s monetary system with Rebecca Spang, historian and ...  Show more

Read a transcript of this episode on FT.com

https://www.ft.com/content/d6716d79-4cbd-4955-b07b-64740a4a6d5b

The White House ...

The Federal Reserve recently began shrinking its massive balance sheet, unwinding trillions of dollars worth of bond purchases that it started making during the depths effort to offset the effects of the Covid-19 pandemic. It's not the first time that the Fed has undertaken 'quan ...  Show more

A regional banks crisis. A recession that always seems just around the corner. And inflation figures that refuse to budge. It’s no wonder that many investors and allocators are stepping back from taking major macro positions, keeping their powder dry, or only making highly select ...  Show more