Global electricity grid must be upgraded urgently to hit climate goals, says IEA – The Economist
Ministers have been urged to “open their eyes” to the need to build a vast network of new electricity grids to allow countries to hit
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AI Could Spur an Economic Boom. Humans Are in the Way – WSJ
Ask ChatGPT how soon artificial intelligence could boost the U.S. economy, and the answer is mostly noncommittal: “challenging to predict precisely.”
Asia Continues to Fuel Global Growth, but Economic Momentum is Slowing
Strong consumer spending has supported growth in Asia’s three largest economies this year, but there are already signs that the region’s recovery may be running
UK inflation expected to fall to 6.5% in September – The Guardian
Headline inflation eased again in September, official figures are expected to show this week, while pay growth is slowing. Economists polled by Refinitiv expect the
A Recession Is No Longer the Consensus – WSJ
Economists are turning optimistic on the U.S. economy. They now think it will skirt a recession, the Federal Reserve is done raising interest rates and
ECB Seen Preserving Peak Rates Until Second Half of Next Year – Bloomberg
The European Central Bank won’t lower interest rates until September 2024, according to a new poll of economists — suggesting the message from policymakers that cuts won’t
Investors should treat analysis of bond yields with caution – The Economist
It was James Carville, an American political strategist, who said, in an oft-repeated turn of phrase, that if he was reincarnated he would like to
BOE’s Top Economist Says ‘Persistent Response’ Needed on UK Inflation – Bloomberg
Bank of England Chief Economist Huw Pill said sticky UK inflation may require a “persistent” monetary response, raising the possibility that the central bank has
These Companies Are Being Squeezed by Higher Rates – WSJ
Soaring interest expenses are turning the bottom line red at an increasing number of companies with low credit ratings, a problem that is expected to
PDCAST: Investing in Bonds: What You Need to Know
As interest rates rise, more investors are considering bonds to complement stocks and mutual funds in their portfolios. WSJ personal-finance reporter Oyin Adedoyin joins host