Pour one out for the PhDomies (sorry)
Monetary policy in advanced countries is diverging in a manner that was thought highly unlikely just a few months ago
Beth Hammack is latest senior woman to leave the investment bank
Goodhart’s Law bedamned
Hawkish signals from some central bank members came before recent data pointing to cooling price pressures
The factors that explain why a contraction has been a no-show
US currency on track for first negative month of the year after end to months of above-forecast CPI data
Chicago Fed’s index of financial conditions falls to lowest level since January 2022
And more on gold
Investors increase bets on Fed’s interest rate cuts this year as price growth moderates
There are weird quirks in how CPI and PCE measure price growth — that matters
Central bank chair says economy performing well but cites ‘lack of progress’ on price pressures
The US and UK need to see a moderation in the price of home leases
Christmas: now a vibe, rather than a time
An easing of Eurozone monetary policy before the US could raise the cost of imported goods and services
The US central bank promised to cut interest rates this year. Should Joe Biden be worried if they don’t?
The economist on the mis-steps of the Fed over interest rates and the markets
Investors raise short positions to 16-month high as conviction grows that UK borrowing costs will fall ahead of US
It may be a bumpy ride, although the latest evidence is encouraging
Fed is unlikely to get to its 2% inflation target unless it is willing to impose major damage on the economy
And the spill at Starbucks
US central bank says there has been a ‘lack of further progress’ towards 2% inflation goal
Sticky inflation means the Federal Reserve less likely to reduce borrowing costs before November election
Market stress during the period of rising interest rates has prompted more scrutiny — and new rules
International Edition