HawkoReview
Writer

Rebecca Tolland

Rebecca Tolland writes for Hawko Review and other Independent Journal publications, covering economic data and Treasury markets and the Federal Reserve and central banks. Reporting under this byline is prepared by the Independent Journal editorial desk from primary sources, with AI assistance, and reviewed under our editorial policy.

11 articles

Chinese yuan banknotes
China

China Lifts FX Reserve Ratio to Cool Yuan; Markets Watch

China will raise its foreign-exchange deposit reserve ratio to 6% from November 15 to slow yuan gains. What the move means for central banks and global markets.

3 min read
Federal Reserve headquarters building in Washington
FOMC

Hawkish Fed Bets Build as Stocks Rally Into FOMC Decision

Wall Street closed higher on renewed AI enthusiasm as oil held near April highs and a CNBC survey pointed to Fed rate hikes ahead, just not at this week's meeting.

4 min read
Vintage telephone switchboard with patch cords
Labor Market

AI job losses and women: what labor history means for the Fed

Economists say AI may hit clerical jobs held mostly by women. Telephone operators and the PC show the risk and recovery, and why Fed officials watch AI hiring.

3 min read
Empty conference room table with microphones
FOMC

Fed Blackout Begins Ahead of the October FOMC Statement

The Fed's blackout for the October 27-28 meeting began Saturday. Here is what the rule bars, what keeps flowing, and why the FOMC statement is the next signal.

3 min read
Exterior of a bank building representing bank supervision
Federal Reserve

Bowman in Bangkok: Supervisory Modernization After SVB

Bowman used a Bangkok speech to the Reinventing Bretton Woods Committee to address supervisory modernization after Silicon Valley Bank. Here is what is known and what to watch.

2 min read
FRED

FRED data and AI agents: Waller on half of visits being bots

Governor Waller said AI agents now account for about half of FRED visits, traffic is growing 150% a year, and Board data will be routed to the FRED platform.

3 min read
Stack of printed documents and meeting records on a desk
Guide

FOMC minutes vs. the statement: what each tells you

How FOMC minutes differ from the FOMC statement: timing, content, authorship, what participants' views reveal, and how to read the two documents together.

7 min read
Rows of server racks in a data center
AI

Cook on AI and inflation: near-term pressure, slower relief

Governor Cook said AI investment is adding to inflation now, productivity gains may ease prices modestly in a few years, and she backed the September rate hike.

3 min read
Printed policy statement on a desk with a pen, ready for close reading
Guide

How to read an FOMC statement, paragraph by paragraph

A reader's guide to the FOMC statement: what each paragraph does, which wording changes matter, how to read the vote line, and how it ties to the dot plot.

8 min read
Waller

Waller on a hawkish Fed: what would trigger a September hike

Governor Waller said disinflation in recent data supports a hold, but a hot August inflation reading could justify raising rates at the September 15-16 FOMC.

3 min read
Congressional hearing room where the Federal Reserve chair delivers semiannual testimony
Fed Testimony

Fed testimony: Warsh sets up five task forces on policy

In his first semiannual Fed testimony, Chairman Warsh pledged to restore price stability and named five task forces on communications and the balance sheet

3 min read