Can Europe’s Economy Exceed Expectations in 2024?
Germany’s ongoing economic weakness suggests that the European Union’s long-term economic slump is not likely to end anytime soon. But with traditional laggards like Italy...
Author : Nelli Avetisyan
PODCAST: Should we worry about private credit?
Private credit is booming, nearing $2tn in assets globally. Most of that debt is being traded out of the public eye, a fact highlighted in...
Hidden Debt Hurts Economies. Better Disclosure Laws Can Help Ease the Pain.
If efforts to address record global public debt are to leave no stone unturned, then weak disclosure laws warrant deep scrutiny. Hidden debt is borrowing...
US banks set for profits boost as expectations grow of fewer Fed rate cuts – The Financial Times
The largest US banks are set to earn higher profits from their lending businesses than expected this year as it becomes more likely that the...
Gold Hits New High as Central Banks Ramp Up Purchases – WSJ
Gold closed at another record high Monday, driven by central bank purchases. But prices may run into roadblocks due to wavering interest rate-cut expectations. June...
IMF warns BoE over keeping UK interest rates high due to fixed-rate mortgages – The Guardian
The high proportion of UK homeowners on fixed-rate mortgages means the Bank of England should be wary of keeping interest rates too high for too...
Australian Consumers in An Extended Slump as Inflation Expectations Rise – WSJ
Australian consumer confidence remains in an extended slump, but more worrying is that inflation expectations are also nudging higher, something that will surely alarm the...
Elon Musk predicts AI will overtake human intelligence next year – The Financial Times
The capability of new artificial intelligence models will surpass human intelligence by the end of next year, so long as the supply of electricity and...
A turning point in central banking
It would not surprise me if future economic history books were to look back at the last week in central banking as marking a move...
ECB Jostling Over Back-to-Back Summer Cuts Has Already Begun – Bloomberg
European Central Bank interest-rate setters are starting to position themselves for the next debate as a first cut in June becomes increasingly certain and inflation...