Tech lay-offs are the latest blow to office landlords – The Economist
Not long ago, big tech was splurging on flashy office space to woo talent. Money sloshed around and a hiring boom was under way. Even...
Author : Nelli Avetisyan
The Use and Abuse of Inflation History
For months, many macroeconomic observers have been likening Federal Reserve Chair Jerome Powell’s unenviable position to that of Fed Chair Paul Volcker in the early...
PODCAST: David Cutler on Cities After the Pandemic
More than half of the world’s population lives in cities, and it’s expected that almost 70 percent will live in urban areas by 2050. People...
Retail Sales, Manufacturing Declines Point to Slowing Economy – WSJ
U.S. retail spending and manufacturing weakened in November, signs of a slowing economy as the Federal Reserve continues its battle against high inflation. November retail...
ECB Is Doubling Down on Rate Hikes Just as a Recession Bites – Bloomberg
The European Central Bank’s warning that aggressive interest-rate hikes are far from over is raising the stakes for the euro region, just as a recession...
Global stocks knocked after central banks push interest rates higher – The Financial Times
Global stocks tumbled after a broad group of central banks raised interest rates and warned of further increases to come in the fight to tame...
Bank of England raises interest rates to 3.5% – The Financial Times
The Bank of England raised interest rates on Thursday by half a percentage point to 3.5 per cent, the highest level in 14 years, and...
What an unusual auction says about the art market – The Economist
Penny pinch, a Chicago street artist, likes to have fun with art-world finances. His work—from murals to paintings to tote bags made in collaboration with...
Riding the Global Debt Rollercoaster
Global debt remained above pre-pandemic levels in 2021 even after posting the steepest decline in 70 years, underscoring the challenges for policymakers. Total public and...
ECB to Slow Hike Pace as It Preps Market for QT: Decision Guide – Bloomberg
The European Central Bank is poised to slow the recent pace of interest-rate increases and outline plans to shrink its almost €5 trillion ($5.3 trillion)...