Larry Summers blasts UK’s ‘utterly irresponsible’ fiscal policy

by admin | on Sep 27

Larry SummersCameron Costa | CNBCLONDON — Former U.S. Treasury Secretary Larry Summers on Tuesday warned that the U.K. has lost ...

China’s ponzi-like property market is eroding faith in the state

by admin | on Sep 12

The 120km train ride between the cities of Luoyang and Zhengzhou is a showcase of economic malaise and broken dreams. ...

Economists are divided on the risk of a U.S. recession

by admin | on Sep 5

Is the U.S. economy showing no signs of a recession or hurtling inescapably towards one? Is it in fact already ...

Central bankers worry that a new era of high inflation is beginning

by admin | on Aug 30

In august 2020 Jerome Powell, the chairman of the Federal Reserve, described a shift in the central bank’s policy framework. ...

Western sanctions will eventually impair Russia’s economy

by admin | on Aug 24

When russia invaded Ukraine on February 24th, “Oleg”, a senior executive at a Russian airline, braced for turbulence. It did ...

Against expectations, global food prices have tumbled

by admin | on Aug 22

Six months after Russian tanks rolled into Ukraine, an inflationary shock is still ripping through boardrooms, finance ministries and households, ...

Retail sales July 2022:

by admin | on Aug 17

Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois.Scott Olson | Getty ImagesRetail activity was flat in ...

A Fed Pivot? Not Yet, Policymakers Suggest, as Rapid Inflation Lingers.

by admin | on Aug 2

Federal Reserve officials on Tuesday made clear that they expected to continue raising rates to try to choke off the ...

Fed’s Mary Daly says ‘our work is far from done’ in raising rates

by admin | on Aug 2

Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic ...

The numbers show the U.S. economy is at least teetering on a recession

by admin | on Jul 25

Foreman Angel Gonzalez and Anthony Harris, with E-Z Bel Construction, work on pipes along Fredericksburg Road during an excessive heat ...

Dollar-euro parity may be justified. But the yen looks cheap as chips

by admin | on Jul 21

Imagine you are a Parisian investor trying to decide whether to buy American or European bonds. You compare the yields ...

The Fed put morphs into a Fed call

by admin | on Jul 21

When stocks boomed early in the pandemic, an internet meme captured the madness of the moment. On the left-hand side ...

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