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ROI-Weekend Reads: Fed rethink, EV race, yen rescue
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ROI-Weekend Reads: Fed rethink, EV race, yen rescue
Aug 14, 2026 3:51 AM

(The opinions expressed here are those of the authors.)

Aug 14 (Reuters) - Looking for inspiration? Every Friday,

Weekend Reads rounds up what the Reuters Open Interest team has

been reading, watching and listening to.

This week's picks span Federal Reserve monetary policy,

electric vehicles, industrial policy, forex intervention,

investing and energy security.

This weekend, we're reading...

MIKE DOLAN, ROI Finance & Markets Columnist: This short column

by James Galbraith on Project Syndicate critiques Fed Chair

Kevin Warsh's suggestion that money supply targeting should be

brought back into the central bank's toolkit. It ends with a

sharp anecdote about the huff and puff when the idea was last in

vogue in the 1970s, when Galbraith himself was on the House

Banking Committee.

GAVIN MAGUIRE, ROI Global Energy Transition Columnist: This

analysis by environmental journalist Andy Revkin examines how

the war in Iran is accelerating the uptake of electric vehicles

around the world.

ANDY HOME, ROI Metals Columnist: Reuters colleague Ernie

Scheyder examines a proposed new primary aluminium smelter in

Oklahoma. The U.S. desperately needs one, but the massive

project has drawn opposition and become a key issue in the

contentious governor's race: "Build it in Mar-a-Lago!"

JAMIE MCGEEVER, ROI Markets Columnist: The U.S. Treasury's rare

intervention in currency markets alongside Japan's Ministry of

Finance to support the yen raises more questions than answers.

Tokyo and Washington share the same goal but for different

reasons. FX intervention alone won't cut it - fundamental

changes in their respective domestic policies are needed, argues

Mark Sobel, vice chair of the Official Monetary and Financial

Institutions Forum, and a former U.S. Treasury official.

We're listening to...

JAMIE MCGEEVER, ROI Markets Columnist: Barry Ritholtz,

co-founder and CIO of Ritholtz Wealth Management, is always

worth listening to. In this wide-ranging Rational Reminder

podcast, he delivers a few home truths about investing, market

and economic models - and, yes, financial media: "90% of all

financial products are crap."

And we're watching...

ANNA SZYMANSKI, ROI Editor-in-Charge: In the latest episode of

Reuters Econ World, ROI Energy Columnist Ron Bousso joins host

Carmel Crimmins to examine whether renewables, nuclear power and

a massive grid overhaul can bolster Europe's energy security

before its competitors pull further ahead.

Opinions expressed are those of the authors. They do not reflect

the views of Reuters News, which, under the Trust Principles, is

committed to integrity, independence, and freedom from bias.

(Editing by Marguerita Choy)

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