Robin Brooks

Oil markets have lurched from complacency to panic in a matter of days. Brent crude has surged past $100, climbing roughly 50% since hostilities escalated around the Strait of Hormuz — the world's most critical oil shipping chokepoint. But one economist believes the market's reaction may now be...

The nomination of Kevin Warsh to lead the Federal Reserve will not derail the global “debasement trade,” as mounting public debt makes the monetization of U.S. fiscal deficits inevitable. Fiscal Reality Despite the “bone-jarring” Friday crash that saw silver plunge 26% and...

Japan’s 30-year treasury yields touched their highest level on record, at 3.52% on Tuesday night, a 48-basis-point increase since November, sparking concerns of potential fallout across the U.S. and global markets. Deteriorating Fiscal Conditions Push Yields Higher After decades of serving as...

Investor sentiment is highly disconnected over tariffs as equities and forex markets are showing significant divergence in response to the announcements. This comes amid President Donald Trump's take on yen and yuan's devaluation. What Happened: According to the senior fellow at the Brookings...

U.S. stock futures were trading higher on Friday morning, recovering from the previous day’s losses. Futures across all major indices showed gains. Although the S&P 500 ended its winning streak on Thursday, a strong Friday session could potentially result in the best weekly performance...

President-elect Donald Trump dropped an economic bombshell Monday, announcing plans to slap hefty tariffs on key U.S. trade partners once he returns to the White House on Jan. 20. Trump pledged 25% tariffs on all Mexican and Canadian imports and an additional 10% levy on Chinese goods, which would...

Donald Trump’s win is positive for the financial and energy sectors as the “pro-growth effects of fiscal stimulus currently outweigh the inflationary risks in the near term​​​” according to an analyst. What Happened: Mario Georgiou, CFA and executive director, head of...

Economists have broadly welcomed the latest key piece of inflation data, with the Personal Consumption Expenditure (PCE) price index — commonly referred to as the Fed’s favorite measure of inflation — dropping to a 2.6% year-on-year rate in May 2024, its lowest level since March 2021. This...

The Japanese yen tumbled past 160 per dollar on Wednesday, surpassing its late April 2024 low that previously prompted sharp interventions from the Bank of Japan, which sold forex reserves to curb the yen’s volatility. The yen, as tracked by the Invesco CurrencyShares Japanese Yen Trust (NYSE...

The Federal Reserve on Wednesday conceded its two-year error in inflation forecasting. This followed data issued by the Bureau of Labor Statistics showing the lowest inflation since March 2021, prompting the Fed to issue a "hawkish pause" on interest rates. “Fed forecasts have been wrong on...

Acknowledging a two-year error in its inflation forecast, the Federal Reserve on Wednesday opted to hold interest rates steady just after the BLS issued data showing inflation at its lowest point since March 2021. The central bank’s usual confident demeanor was undercut by its own chair,...

Renowned economist Robin Brooks, chief economist of the International Institute of Finance, tweeted that “the US inflation shock is over” as the Federal Reserve prepares to announce its interest rate decision later Wednesday.  Brooks, who previously worked at Goldman Sachs and the...

Federal Reserve officials are expecting a decline in economic activity through the rest of the year as implied by new economic projections published this week. Data shows authorities now anticipate the U.S. to witness a 0.4% expansion this year, down from the 0.5% growth rate they forecast in...

Economist Robin Brooks has noted that Bitcoin (CRYPTO: BTC) is exhibiting some genuine diversification characteristics, albeit not in a positive direction. What Happened: Brooks, in a tweet on Wednesday, said “a dovish Federal Reserve sent the two-year Treasury yield” tumbling in...

The Labor Department on Thursday reported a 7.7% year-over-year increase in the consumer price index for October, which sparked a massive rally in the SPDR S&P 500 (NYSE: SPY). What Happened: The headline CPI rose 7.7% in October, down from 8.2% in September,...