Marcus Hatherly
Marcus Hatherly writes for Dovo Journal 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.
5 articles
What the Bank for International Settlements does: BIS report guide
An explainer on the Bank for International Settlements: who owns it, what it does for central banks, how the BIS report and committees work, and what it is not.
The Fed, ECB and Bank of England compared: mandates and tools
How the Federal Reserve, European Central Bank and Bank of England differ in mandate, decision-making bodies, tools and communication, and what that means for central bank policy.
BIS Report on FMI Cyber Resilience: Toolkit and Third-Party Risk
CPMI-IOSCO published a voluntary cyber resilience toolkit and a discussion paper on third-party reliance at market infrastructures; comments are due December 1.
Fed Speeches: Warsh's Jackson Hole Case for a Quieter Fed
In his first Jackson Hole address as chair in August 2026, Kevin Warsh set out six policy principles, questioned forward guidance and put inflation first.
ECB Policy Turns: Why the June 2026 Rate Hike Marked a Pivot
The ECB raised its three key rates by 25 basis points in June 2026, lifting the deposit rate to 2.25% as energy costs from the Middle East war lifted inflation.