Why the Federal Reserve opted for the big interest rate cut – The Financial Times
Speaking last month in Jackson Hole, Jay Powell was explicit about what he considered the Federal Reserve’s mission as the US economy emerged from a
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Week Ahead for FX, Bonds: U.S. PCE Inflation Data, Australia Rate Decision – WSJ
After the U.S. Federal Reserve’s large 50 basis-point interest-rate cut, attention switches back to economic data—particularly PCE inflation figures—for indications on how fast rates will
PODCAST: Women in Economics: Kate Raworth on Economics for the Living Planet
The world has changed since postwar economic thought placed GDP growth as its guiding principle. 20th-century progress has pushed planetary resources to the limit and
The IMF Must End Its Destructive Surcharges
The International Monetary Fund’s surcharge policy has led to an unseemly state of affairs: countries in financial distress have become the largest source of net
Bank of England holds rates at 5% – The Financial Times
The Bank of England has held interest rates at 5 per cent after inflation remained steady in August, but indicated it may lower borrowing costs
The Fed Aims to Repeat Greenspan’s 1990s Masterpiece – WSJ
The Federal Reserve famously guided the economy to a soft landing in 1995, paving the way for the economic boom that followed. Can it do
ChatGPT maker says its new AI model can reason and think ‘much like a person’ – CNN
OpenAI has unveiled a new artificial intelligence model that it says can “reason” and solve harder problems in science, coding and math than its predecessors.
S&P 500 hits new record after Fed makes jumbo cut to US interest rates- The Financial Times
The S&P 500 hit a record high on Thursday as investors bet the Federal Reserve’s jumbo half-point interest rate cut would help deliver a soft
Federal Reserve cuts rates by half a point and signals era of easing has begun – The Financial Times
The Federal Reserve cut its benchmark interest rate by half a percentage point on Wednesday and signalled more reductions would follow, launching its first easing
Tech Jobs Have Dried Up—and Aren’t Coming Back Soon – WSJ
Finding a job in tech by applying online was fruitless, so Glenn Kugelman resorted to another tactic: It involved paper and duct tape. Kugelman, let