Can the Fed curb U.S. inflation without triggering a recession?
[ad_1] In remarks less than a week after the Fed raised interest rates for the first time since 2018, Chairman Jay Powell acknowledged the historic challenge facing the U.S. central bank: reining in the highest level of inflation in 40 years without causing a “hard landing”. Painful unemployment and a sharp economic contraction. “No one […]
Not safe at all costs | Financial Times
[ad_1] Jay Newman Formerly senior portfolio manager at Elliott Management and author of Undermoney, a thriller about illicit money flowing in the global economy. In 1965, Ralph Nader wrote Not safe at any speed, exposing an auto industry that systematically stifles safety features.Over the past two decades, the peddling industry Emerging Markets Sovereign debt—the countries, […]
FirstFT: Yen falls to 20-year low
[ad_1] Good morning.This article is our live version First FT communication.Sign up for our Asia, Europe/Africa or America Get it straight to your inbox every weekday morning yen falls to 20-year low against the dollar As the Bank of Japan’s ultra-easy monetary policy weighed on the yen at a time when U.S. policymakers at the […]
Texas eases some vehicle inspections to Mexico amid border backlog
[ad_1] Texas Gov. Greg Abbott on Wednesday backed off additional inspections of vehicles from parts of Mexico as a conflict within the U.S. over immigration policy caused delays that threatened billions of dollars in international trade. The extra checks Abbott introduced last week – which he said were meant to reduce crime and improve vehicle […]
Netflix’s most popular shows
[ad_1] source: Bloomberg Back home after a busy week in Miami, looking forward to going home and relaxing with Netflix. More on what I’ll learn next week… source: Bloomberg post Netflix’s most popular shows first appeared in big picture. [ad_2] Source link
Are you the woman who can’t work from home during the pandemic? We would love to hear from you.
[ad_1] Photo Illustration Courtesy of FIVETHIRTYEIGHT / GETTY IMAGES when people talk about Changes in work and office culture Brought about by the pandemic — whether it’s returning to the office, working from home, or a combination of remote and in-person work — they’ve often overlooked a very important group: people who couldn’t work from […]
2:00PM Water Cooler 4/13/2022 | naked capitalism
[ad_1] By Lambert Strether of Corrente Bird Song of the Day Hawaiian Bird Week at Naked Capitalism continues. * * * Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “They had learned nothing, and forgotten nothing.” –Charles Maurice de Talleyrand-Périgord “When the going gets […]
Support Ukraine by helping the poorest people in the country
[ad_1] Inflation is a monetary phenomenon, but it is much more than that. Price hikes in the US, UK and EU have shattered multi-decade records and burned wage packages. In the best-case scenario, high inflation is a serious policy issue, but it isn’t. In the US this week, consumer price inflation has reached 8.5%. “Core” […]
Soaring inflation weighs heavily on global policymakers
[ad_1] This article is a live version of our Disrupted Times newsletter. register here Newsletters delivered straight to your inbox 3 times a week good evening, Today’s data shows UK CPI at the highest speed in 30 years and US producer prices The rise at record levels is the latest reminder that inflation pressures around […]
Ukraine’s economic pain is real
[ad_1] Ukraine’s finance minister recently sent send a distress signal Go west for emergency funding.Institute of International Finance stab wound Estimate how bad things are. Its economists stressed that there is clearly “extraordinary uncertainty” and that the brutal war continues, but estimates that Ukraine’s gross domestic product will shrink by at least 35% this year, […]
Tesco: A cautionary tale of inflation
[ad_1] Grocery chains warn of hit to profits, but higher prices for staples will boost spending rather than dent spending [ad_2] Source link
EU seeks protected status for goods like Donegal tweed and Limoges porcelain
[ad_1] Brussels is expanding the number of protected goods in Europe, from food and drink – including Parmesan cheese and Parma ham – to products such as Donegal tweed and Limoges china. The new rules will mean that only producers in specific regions using an agreed process will be able to sell goods across the […]