How should banks engage with the metaverse?
The hype around banks’ forays into the metaverse world continues to mount as more institutions jump on the bandwagon. As well-documented in Kimberley Long’s April...
Author : Nelli Avetisyan
UK inflation jumps again to 11.1% on back of energy price rises – The Guardian
The UK’s annual inflation rate hit a 41-year-high of 11.1% last month even as help was provided to households by the introduction of the government’s...
U.S. Supplier Price Increases Eased in October, Taking Pressure Off Inflation – WSJ
U.S. supplier price increases slowed in October for the second straight month, adding to signs that inflation pressures could be abating. The producer-price index, which...
The cracks in the US Treasury bond market – The Financial Times
Buying and selling in the world’s biggest bond market is supposed to be easy. However, for most of this year, says Gregory Whiteley, a bond...
Still not sure what crypto is? Join the club – CNN
Over the past few years, the world of cryptocurrencies has ballooned from a niche experiment to a sprawling, trillion-dollar financial sector, complete with its own...
Five-Digit Layoffs Are Here, the Big Ones We’ve Been Waiting for. But the Laid-Off People Are Scattered around the Globe – Wolf Street
Amazon made the news today on reports based on sources that it would be laying off up to about 10,000 full-time employees, less than 1%...
The Rise and Fall of the Socially Beneficial Corporation
The rise of the neoliberal order in the 1970s and 1980s coincided with the demise of the socially beneficial corporation. Since then, the US federal...
Central banks to shift away from ‘jumbo’ rate rises as outlook darkens – The Financial Times
Central bankers are to shift towards a more gradual monetary tightening, economists predict, as recent “jumbo” rate moves show signs of taming inflation and officials...
What If Everything Goes Wrong At the Same Time? – Bloomberg
For the world economy, 2022 has been a terrible year. The combined hits from Russia’s invasion of Ukraine, China’s Covid-19 lockdowns and property correction, and...
Inflation Expectations Throw a Curveball – Wolf Street
“Inflation expectations” are metrics the Fed watches closely. They feature prominently in the FOMC statements and in the minutes of FOMC meetings. Powell refers to...