German Inflation Trauma of 1923 Strikes an Uneasy Chord Today
By late-1923, hyperinflation had rendered Germany’s currency so worthless that one woman used several billion marks of banknotes
2023-08-27 13:48
Zimbabwe Leader Wins New Term, Monitors Says Vote was Flawed
Zimbabwean President Emmerson Mnangagwa was declared the winner of an election that observers said was deeply flawed, extending
2023-08-27 06:54
Slower US Job Growth to Support Fed Patience
Employment growth in the world’s largest economy probably cooled and wage increases moderated in August, suggesting a further
2023-08-27 05:28
Powell Has Bond Traders Right Where He Wants Them: Full of Doubt
Jerome Powell has the bond market exactly where he wants it: lacking conviction as to the Federal Reserve’s
2023-08-27 04:55
BOJ Chief Says Strategy Backed by Below-Target Inflation
Bank of Japan Governor Kazuo Ueda said price growth remains slower than the central bank’s goal, explaining why
2023-08-27 03:57
Junkiest Debt Rallies as Investors Brush Off Fed
Credit investors have decided that they’re more than willing to fight the Federal Reserve as the central bank
2023-08-27 03:47
BOE’s Broadbent Warns UK Rates Need to Remain High For Some Time
The Bank of England will have to keep interest rates high for longer because inflation is unlikely to
2023-08-27 01:58
Bloated Government Debt Is Here to Stay: Jackson Hole Paper
Swollen government indebtedness — and the upward pressure that puts on interest rates — is here to stay,
2023-08-27 00:19
Fed Latest: China Still Embedded in US Supply Chain, Paper Finds
China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports
2023-08-26 22:47
Charting the Global Economy: Euro Area Activity Retrenches
The contraction in euro area business activity deepened this month, most notably in Germany where the decline was
2023-08-26 17:47
UK Economic Outlook Darkens After Surprisingly Strong First Half
Britain dodged a recession last year despite a historic energy price shock and an investor revolt that forced
2023-08-26 14:16
German Budget Hawk Steers Faltering Coalition as Far Right Rises
When German Finance Minister Christian Lindner was asked this year where he sits on the “government boat” –
2023-08-26 12:48