2022’s unlikely economic winners – The Economist
In financial terms the past year has been bad for almost everyone. Inflation of 10% year-on-year across the rich world has slashed household incomes. Investors...
Author : Nelli Avetisyan
Why recession fears are back: Americans are losing faith – CNN
From the executive suite to the grocery aisles to the halls of the Federal Reserve, the big question is: Can red-hot inflation be vanquished without...
EU adopts global minimum 15% tax on big business – BBC News
The European Union has adopted a plan for a global minimum 15% tax on big business. Leaders gave their final approvals on Thursday after months...
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...
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...