author - oman observer

Ebrahim RahbariThe writer is an independent strategist and economist, is a former chief currency strategist, global head of foreign-exchange analysis, and head of global macroeconomics at...

The European Central Bank too often finds itself “behind the curve” of events, and we believe the blame lies with its decision-making process, rather than its institutional setup or personnel. As...

On August 30, 2023, the US Federal Reserve System’s Consolidated Statement of Condition recorded total capital of $42.72 billion. This figure would have been negative but for the appearance of an...

It has finally arrived. The European Central Bank has launched a Transmission Protection Instrument (TPI) to prevent monetary policy fragmentation within the eurozone.Announced just after the ECB...

Major central banks have lost the plot when it comes to fulfilling their price stability mandates. In April, the 12-month US consumer price index (CPI) inflation was at 8.3%, down slightly from 8.5%...

Since the second quarter of 2021, inflation in the United Kingdom, the United States, and the eurozone has far exceeded their central banks’ 2% target. This surge could well be explained by the...

Since the start of Russia’s attack on Ukraine, much has been written about the increased risk of nuclear annihilation and its impact (or lack thereof) on stock-market valuations. But, leaving aside...

Argentina is about to enter another dysfunctional stand-by agreement with the International Monetary Fund — its 22nd SBA since it joined the IMF in 1956. While the details have not yet been settled,...

The price of Bitcoin has undergone yet another wild gyration, rising from $41,030 on September 29, 2021, to $69,000 on November 10, 2021, before falling back to $35,075 on January 23. That is its...

One way or another, central banks’ behaviour will have to change with the climate. But it should evolve only because climate change will create new constraints and drive new forms of public and...