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...
31 May, 2024, 09.44 AM IST
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 ...
10 Aug, 2023, 08.28 AM IST
Supply chain hurdles will outlast pandemic, White House saysWhite House economists analyzed the supply chain as part of the Economic Report of the President.
15 Apr, 2022, 10.03 AM IST
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.
31 Mar, 2022, 04.54 PM IST
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 ...
02 Mar, 2022, 03.26 PM IST
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...
31 Aug, 2021, 09.54 AM IST
‘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...
06 May, 2021, 04.09 PM IST
World monetary chiefs say it’s too early to stop pandemic spendingThe message from the most powerful central banks is increasingly clear: there are limits to what monetary policy can do to help in the shor...
15 Oct, 2020, 07.38 AM IST
Central banks are poised to act as world economic warnings flashFederal Reserve Chairman Jerome Powell signaled an openness to loosening if necessary.
05 Jun, 2019, 09.21 AM IST
Everything is up for review at Fed’s big meet in ChicagoInstead, they’ll be taking a second look at everything they do.
03 Jun, 2019, 07.57 AM IST
Two gods of central banking will bequeath future to mere mortalsCarney & Draghi started in academia, built their resumes at Goldman and finance ministries.
10 Feb, 2019, 01.05 PM IST
Why Donald Trump's trade war isn't worrying most economists, yetThe economic damage may also broaden if fears of a trade war cause a sharp selloff in risk assets, causing financial conditions to tighten.
05 Jun, 2018, 08.42 PM IST
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...
17 Jun, 2016, 11.35 AM IST
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...
21 Aug, 2013, 02.40 AM IST
- Bank of England hasn't preannounced rate hike: Governor
Bank of England Governor Mervyn King said policy makers haven’t preannounced an interest-rate increase and may need to keep borrowing costs...
17 Feb, 2011, 06.55 AM IST
- 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...
18 Oct, 2010, 12.31 AM IST
- 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...
10 Nov, 2006, 01.13 AM IST