Is the global economy stumbling into ‘the tepid Twenties’? – The Financial Times
After a spell of soaring prices and steep interest rates, Christine Lagarde this week allowed herself a moment of optimism. “We are clearly seeing signs...
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The Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches an Alternative – Bloomberg
The Federal Reserve is stuck in a mode of forecasting and public communication that looks increasingly limited, especially as the economy keeps delivering surprises. The...
Bank of Canada Gov. Macklem Says Inflation Edges ‘Closer to Normal’ – WSJ
Bank of Canada Gov. Tiff Macklem says inflation is getting “closer to normal” and officials will monitor incoming data to check whether the downward momentum can be...
High interest rates could add billions to UK green energy transition, says report – The Guardian
A permanent shift to higher interest rates could add billions of pounds to the UK’s renewable energy transition, a leading thinktank has warned....
How Not to Invest in the Bond Market – WSJ
Only a few things in investing life are certain. One is that investors will always find a way to lose ungodly amounts of money on...
AI is threatening Americans’ jobs. Could guaranteed income provide a safety net? – CNN
Michael Tubbs was born and raised in Stockton, California, roughly a one-hour drive from Silicon Valley, the birthplace of the AI revolution that’s now forecast...
Can the IMF solve the poor world’s debt crisis? – The Economist
It is now four years since the first poor countries were plunged into default because of spiralling costs from covid-19 spending and investors pulling capital...
Where Are Growth, Inflation and Interest Rates Headed? We Asked the Economists – WSJ
The Wall Street Journal’s latest quarterly survey of business and academic economists shows forecasters ratcheting up their expectations for economic growth, inflation and the level...
Google streamlines structure to speed up AI efforts – The Financial Times
Google chief executive Sundar Pichai has shaken up the tech giant’s top ranks and structure to speed up its development and rollout of artificial intelligence...
Why the stockmarket is disappearing – The Economist
The law of supply and demand is one of the first things that students of economics learn. When the price of something goes up, producers...