Business May 1, 2023
Jerome Powell could face more opposition as Fed choices get tougher
Federal Open Market Committee voters have to decide whether to continue the inflation fight or try to cushion a slowing economy.
Business / Economy Jan 13, 2023
World economy walks tightrope between recession and soft landing
A variety of factors are combining to dissipate some of the gloom that engulfed financial markets at the end of 2022.
Business / Economy Jan 9, 2023
Economists fret over perils ahead for global growth
The world economy may be shifting to a more difficult era where interest rates will be higher, geopolitical tensions greater and uncertainties more pronounced.
Business / Economy Nov 28, 2022
There’s a job-market riddle at the heart of the coming recession
Almost three years after COVID-19 hit, companies around the world still complain that they can’t get the talent they need.
Business / Economy Aug 29, 2022
‘Inflation fever’ is finally breaking, but central banks won’t stop hiking rates
The major global central banks, which failed to see the pandemic price shock coming, are set to press ahead with interest-rate increases even as headline inflation tops out.
Business / Economy Feb 14, 2022
$100 oil threatens to compound world economy’s inflation shock
The U.S. Federal Reserve and fellow central banks are worried as they seek to contain the strongest price pressures in decades without derailing recoveries from the pandemic.
Business Dec 16, 2021
Jerome Powell declares inflation big threat as Fed signals rate hikes
In an abrupt shift, the Fed sped up the drawdown of its asset-purchase program and laid out a plan for a series of interest-rate increases over the coming years.
Business Dec 1, 2021
U.S. Fed chair ditches ‘transitory’ tag and paves way for a rate hike
Many in the market took the buzzword to mean the Fed expected price pressures to be short-lived. Powell said policy makers intended it to mean something different.
Business / Economy | ANALYSIS Apr 4, 2021
World economy risks ‘dangerously diverging’ even as growth booms
It could take years for swaths of the world to join the U.S. and China in fully recovering from the pandemic.
Business | FOCUS Aug 24, 2020
Jackson Hole conference goes virtual as monetary experts discuss life after ‘peak central banking’
After convening every August since 1982 at the edge of Wyoming’s magnificent Teton mountain range, monetary policymakers will hold a virtual Jackson Hole conference this week that will look pale by comparison. The same could probably be said of the central banks themselves. Yes, the ...