Lionel Kerrigan
Lionel Kerrigan writes for Dovo Journal and other Independent Journal publications, covering the Federal Reserve and central banks and economic data and Treasury markets. Reporting under this byline is prepared by the Independent Journal editorial desk from primary sources, with AI assistance, and reviewed under our editorial policy.
4 articles
Central bank policy beyond rates: ECB, BoE and Fed housekeeping
The ECB posted non-rate Governing Council decisions as the BoE named new enforcement panel members and a Fed speech took up eSLR. What each does and doesn't tell us.
Central bank independence explained: what it is and why it matters
A plain guide to central bank independence: what it covers, how the Fed, ECB and Bank of England are insulated from politics, why it matters for inflation, and its limits.
Central Bank Policy and Payments: BoE Delays November RTGS Release
The Bank of England deferred its November 2026 RTGS standards release, including CHAPS messaging, after Swift delayed its own over address-format readiness.
Fed Speeches: Waller Warns of One Transitory Shock After Another
In an April 2026 Fed speech at Auburn, Governor Waller argued that back-to-back tariff and energy shocks could unsettle inflation expectations if unchecked.