Fed set to cut interest rates as Jay Powell faces dissent over slowing economy – The Financial Times
A divided Federal Reserve is set to make its first interest rate cut this year, as it faces fierce pressure from Donald Trump and a...
Author : Nelli Avetisyan
Bank of England urged to slow bond-selling plan to help cut record UK borrowing costs – The Guardian
Andrew Bailey has been urged by former Bank of England policymakers to ease pressure on the government’s borrowing costs by cutting back its bond-selling plans.In...
Adam Smith Is Known for His ‘Invisible Hand’ Theory. The Truth Is More Complex – WSJ
Adam Smith has become the symbol of American capitalism, a champion of free trade and a free market. But it wasn’t always that way.In fact,...
Switzerland’s Central Bank Learns to Live With a Strong Franc – Bloomberg
The Swiss National Bank seems to have a new doctrine on how to handle the strength of the franc: pick your battles. A central bank...
Average U.K. House Asking Prices Rise in September – WSJ
The average price of a home going on the market for sale rose for the first time in four months in September, but is down...
Financial stability
There are numerous definitions of financial stability. Most of them have in common that financial stability is about the absence of system-wide episodes in which...
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025 – Bloomberg
The first US interest rate cut since Donald Trump became presiden again is likely to seize the spotlight in a week that will determine policy...
Europe’s economy at last shows signs of a recovery – The Economist
On the face of it, the European economy is in a grim situation. The IMF forecasts average growth of just 0.4% this year for the...
More Americans Are Stuck With the Jobs They Can Get, Not the Ones They Want – WSJ
The faltering U.S. labor market is pushing more Americans into part-time work and other roles they don’t want, and that don’t always pay the bills.The...
Inflation rose to 2.9% in August. Here’s why a gold investment makes sense now – CBS News
The latest inflation report was released Thursday morning and, with it, the revelation that inflation increased in August. Now at 2.9%, the inflation rate increased...