World Must Prioritize Productivity Reforms to Revive Medium-Term Growth
The world economy faces a sobering reality. The global growth rate—stripped of cyclical ups and downs—has slowed steadily since the 2008-09 global financial crisis. Without...
Author : Nelli Avetisyan
U.K. Economy Expanded at a Lower Rate in February – WSJ
The U.K. economy continued to grow slowly in February, likely adding to calls for the Bank of England to stimulate activity by cutting interest rates....
IMF Chief Warns Central Banks Against Cutting Too Soon – WSJ
Central banks should resist the temptation to lower their key interest rates too early and risk a resurgence of inflation and a fresh bout of...
The Fed might not be done raising interest rates just yet – CNN
Interest rate cuts have been the main focus for Wall Street ever since the end of last year, when Federal Reserve officials indicated they intended...
What eight centuries of data tell us about interest rates – The Financial Times
These are treacherous times for bond traders. A couple of months ago, the market consensus was that the US Federal Reserve would cut interest rates...
US wholesale inflation heated up again last month – CNN
A key US inflation gauge increased last month at its fastest pace since April 2023, showing that underlying price pressures remain persistent. The Producer Price...
At the Money: Staying the Course
Markets go up and down as news breaks, companies miss earnings estimates, and economic data disappoints. It’s not too hard to see why staying the...
Macroeconomists, meet Hank: how new models are changing the discipline
Let me introduce you to Hank. It is a project in macroeconomics that, according to one Nobel laureate, has “an electric charge”. It is increasingly...
ECB to Hold With First Cut Locked In for June: Decision Guide – Bloomberg
The European Central Bank is set to keep borrowing costs on hold for a fifth meeting while further readying the ground for cuts to begin...
Markets slash bets on rate cuts after US inflation rises to 3.5% – The Financial Times
Traders slashed bets on Federal Reserve interest rate cuts on Wednesday after US inflation surpassed expectations and Joe Biden acknowledged there was “more to do”...