The two signs stoking recession fears in US, and when it might beginThe US may be on the brink of a recession, with the Sahm Rule triggered by rising unemployment and an inverted Treasury yield curve. Expert...
US not heading for a recession, says noted economist Adam PosenThe United States may not be heading towards a total recession, as per economist Adam Posen. The Fed Reserve Chair Jerome Powell has strong...
The US can't be protectionist and world leaderUS President Joe Biden's economic nationalism challenges the Pax Americana legacy. The Smoot-Hawley Tariff Act of 1930 symbolises a protect...
China's economy faces yet another threat: Falling pricesConsumer prices in China, after barely rising for the previous several months, fell in July for the first time in more than two years, the ...
Nirmala Sitharaman gives detailed rebuttal of negative Western 'perception' of IndiaOn perceptions affecting investment in India, Sitharaman said, "I would think the answer for that lies with those investors who are coming ...
Russia war ends the era of globalisation that kept inflation lowThe widening rupture between the world's democracies and its autocracies has further darkened the global picture.
Within days, Russia's war on Ukraine squeezes the global economyThe price of oil, natural gas and other staples spiked Monday. At the same time, the groaning weight on supply chains, still laboring from ...
The world is still short of everything. Get used to itThe Great Supply Chain Disruption is a central element of the extraordinary uncertainty that continues to frame economic prospects worldwid...
‘Frothy’ stock prices pose quandary for Powell in mapping policySome current and former central bankers worry that the Fed’s rock-bottom interest rates and massive bond buying might lead to asset price b...
Everything is up for review at Fed’s big meet in ChicagoInstead, they’ll be taking a second look at everything they do.
The only certainty for world’s central bankers is uncertaintyThe lack of action by 4 of the top central banks fueled perceptions that monetary policy makers are at a loss about what to do as global ec...
US Federal Reserve to lift rates in 2016 more than markets price in: Adam PosenThe US central bank last month raised rates for the first time since 2006 and said it expected the pace of future tightening to be gradual.
Obama focuses on risk of new bubble over recovery woesPresident Barack Obama, who took office amid the collapse of the last financial bubble, wants to make sure his economic recovery doesn't ge...
- UK jobless rate at two-year high
UK public-sector employment fell by a record in the second quarter, offsetting a gain in hiring by companies, as the govt cuts spending.
- UK economic growth in 3rd quarter revised downward
Britain's economy grew by 0.7 per cent in the third quarter, less than the 0.8 per cent first estimated, official statisticians said on Wed...
- BoE to step up bond plan to aid economy
The central bank will also keep its benchmark interest rate at a record low of 0.5% until at least “late” 2012, the CEBR said in an e-maile...
- Fed's inflation target may face Democratic opposition
Rhode Island Senator Jack Reed, Massachusetts Representative Barney Frank and other Democrats prefer that the Fed focus on promoting growth...