ECB on Verge of Jumbo Hike to Rein In Prices: Decision Guide – Bloomberg
The European Central Bank is on the brink of a jumbo three-quarter-point increase in interest rates to wrest back control over record inflation, even as...
Author : Nelli Avetisyan
The Case for a Soft Landing: How High Inflation Could End Without Recession – WSJ
Prominent economists including Larry Summers predict a recession is coming. Half of Americans think the U.S. is already in one, according to a Wall Street...
Fed on Path for Another 0.75-Point Interest-Rate Lift After Powell’s Inflation Pledge – WSJ
The Federal Reserve appears to be on a path to raise interest rates by another 0.75 percentage point this month in the wake of Chairman...
How do household energy bills compare across Europe? – The Financial Times
The average UK household electricity price is at least 30 per cent higher than in many of its European neighbours, with the country’s greater reliance...
The future of crypto is at stake in Ethereum’s switch – The Economist
It is 2pm Universal Coordinated Time (UTC) on August 18th and all over the world people are dialling in to a fortnightly “core developers” Zoom...
PODCAST: Bosses Want Workers Back in the Office. Can They Force You to Return?
After several failed attempts over the past year to bring workers back to the office, companies are making a stronger push for a return to...
Reimagining Money in the Age of Crypto and Central Bank Digital Currency
The recent plunge in crypto assets has left investors numbed by losses and surely in doubt. But the future of money is undoubtedly digital. The...
European Central Bank could unleash a jumbo rate hike as the economy slides toward recession – CNBC
The European Central Bank is expected to frontload a series of rate hikes and sacrifice growth in the region due to the rising cost of...
U.S. Dollar Strength Lifts Americans’ Relative Spending Power – WSJ
Inflation is high, but U.S. consumers’ relative purchasing power has never been higher. An index that considers inflation when measuring the dollar’s strength relative to...
EU plans windfall taxes to counter ‘astronomic’ energy bills – The Financial Times
Brussels is pushing for national windfall taxes on energy companies’ inflated earnings to counter what European Commission president Ursula von der Leyen described as “astronomic”...