UK government debt rises above 100% of GDP for first time since 1961 – The Guardian
The UK’s total government debt pile in May reached more than 100% of annual national income for the first time since 1961 as state borrowing...
Author : Nelli Avetisyan
Fed’s Powell Says Interest-Rate Pause Is Expected to Be Temporary – WSJ
Federal Reserve Chairman Jerome Powell said the central bank was likely to raise interest rates in the coming months but more slowly than previously. Fed officials...
BOE Hike Seen as Certain After Inflation Shock: Decision Guide – Bloomberg
Britain’s red-hot inflation may force the Bank of England to step up the pace of its interest rate rises again on Thursday against a backdrop...
Women are seeing historic labor market gains. AI could disrupt that – CNN
More prime working age women are employed in the United States now than ever before. The labor force participation rate for women between 25 and...
Can central bank money be integrated into a tokenised environment?
There is a groundswell of opinion that the next big thing in the evolution of money is tokenisation, which not only creates the digital representation...
Forget the Fed, and Focus on the Economy – WSJ
It’s easy to get caught up in whether the Federal Reserve will raise rates 0.25 or 0.5 percentage point (probably the latter) or whether it...
Bank poised to hike interest rates as inflation remains unchanged at 8.7% – The Guardian
The UK’s annual inflation rate unexpectedly remained unchanged in May at 8.7%, adding to the pressure on the Bank of England to increase the cost...
Investors Are Putting America First Again – WSJ
The S&P 500 is beating most international benchmarks this year, thanks to surge in big tech shares. U.S. stocks are zooming past their international counterparts...
Fed Picks Pledge to Cool Inflation in Senate Nomination Hearing – Bloomberg
Three Federal Reserve nominees — two of them current central bank policymakers — said tackling US inflation would be their top priority if confirmed to...
Yes, inflation is coming down. That doesn’t mean goods and services will be cheaper – CNN
If inflation falls to 2% by the end of this year, that means the cost of everything will no longer be going up, right? Wrong....