The Fiscal Cost of Quantitative Easing
In hindsight, it is clear that central banks’ massive bond-buying programs were a colossal mistake. But even at the time, some warned that they carried
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UK heads for long recession as economy shrinks by 0.2% – The Guardian
Britain’s economy shrank by 0.2% in the three months to September, in what is expected to be the beginning of a long recession. In its
Inflation cools much more than expected in October – CNN
Americans and the Federal Reserve got some welcome news Thursday on inflation. The Consumer Price Index rose 7.7% for the year ending in October, a
Interest rates have risen sharply. But is monetary policy truly tight? – The Economist
For a few months this year there was a rare moment of economic consensus. The rich world’s central banks, especially America’s Federal Reserve, had uncaged
Crypto crash and gold sell-off show there’s no place for investors to hide – CNN
The spectacular implosion of cryptocurrency exchange FTX, a so-called unicorn startup that was recently valued at $32 billion, is just the latest bit of bad
Jobless Claims Ticked Up But Remained Historically Low – WSJ
U.S. worker filings for unemployment benefits rose last week but remained near historically low levels, in a sign many employers continue to hold on to
PODCAST: Edward Chancellor on the Real Story of Interest
Bloomberg Radio host Barry Ritholtz speaks with Edward Chancellor, who is a well-known financial historian, author, journalist and investment strategist. His most recent book, “The
Banks plan to double digital efforts
Digital transformation is still top of mind for banks around the world as they look to accelerate the pace of change in the face of
Some Investors Bet Fed Could Lift Rates to Two-Decade High – WSJ
Investors are bracing for the possibility that a second year of stubborn inflation could force the Federal Reserve to bring interest rates higher than they
UK lags developed nations on post-Covid employment recovery – The Financial Times
The UK is set to be the only country in the developed world with employment still below its pre-pandemic level at the start of 2023,