Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
LONDON (Reuters Breakingviews) - Bank of England Governor Mark Carney has struggled to shake off the “unreliable boyfriend” epithet coined by a British lawmaker. While the central banker has gone back on his word in the past, he can’t be blamed this time if his message is misunderstood.
LONDON (Reuters Breakingviews) - Turkey’s president is pursuing contradictory goals. Tayyip Erdogan wants to support the sagging lira. That would require measures to curb inflation and the current account deficit. However, his efforts to pump-prime growth, especially before June elections, will achieve the exact opposite.
LONDON (Reuters Breakingviews) - Mark Carney can now procrastinate with impunity. A sharp slowdown in UK growth in the first quarter, announced on Friday, gives the Bank of England governor a good reason to delay raising UK interest rates. A slackening in economic activity in continental Europe makes it practically reckless for him to do anything else at a May 10 policy meeting.
LONDON (Reuters Breakingviews) - President Emmanuel Macron has a lot to lose if French voters turn against his railway reform plans. So may the Europe Union. Any backlash against the overhaul of the Gallic train system could fuel resentment against the EU, whose rules are forcing the pace of change.
LONDON (Reuters Breakingviews) - There is no such thing as too much information for some central bank watchers. They will be cheered by the idea that the Bank of England’s rate-setters may be debating the merits of greater openness. But more information does not always translate into more insight.
LONDON (Reuters Breakingviews) - Good intentions are sometimes insufficient. That may be the case when it comes to closing Britain’s gender pay gap. Prime Minister Theresa May could speed things up by aligning the interests of women with those of investors.
LONDON (Reuters Breakingviews) - Bank of England Governor Mark Carney has been dealt some tough cards during his tenure. But right now, his hand could hardly be stronger. The economic and political stars are aligning in such a way that he will be able to raise interest rates in a couple of months’ time without giving critics much scope to complain.
LONDON (Reuters Breakingviews) - U.S. President Donald Trump is on the brink of triggering a transatlantic trade war with his plan to impose tariffs on steel and aluminium imports. That’s bad enough for the global economy. But by invoking a little-used national security loophole to justify his belligerence, he may be opening an even bigger can of worms.
LONDON (Reuters Breakingviews) - German politics has become Europe’s weak link. Though the country’s left-leaning Social Democrats (SPD) last week clinched a coalition deal with Chancellor Angela Merkel, the party is now putting the agreement to grassroot members. Infighting means this is no longer a rubber stamp. A rejection would make it harder to push through reforms to the euro zone.
LONDON (Reuters Breakingviews) - Deciding whether to hold bonds or stocks these days is akin to choosing between the frying pan and the fire. Rising U.S. Treasury yields helped trigger an equity market decline that this week officially became a correction. Given that fiscal and monetary policies could hurt even the safest government debt, cash may become the most prized of all assets in the selloff.