Central banks in late 2021 kicked off the steepest and most coordinated series of interest rate hikes in four decades to contain the postpandemic inflation outbreak (see Chart 1). Many economists ...

The Federal Reserve’s work to manage challenges around its balance sheet is proving to be a rare island of calm as war and ...

Central bankers are tapping nontraditional data sources for a more complete picture of the economy In the spring of 2020, the Federal Reserve faced a challenge: The COVID-19 pandemic was upending ...

Christopher Sims, the John J. F. Sherrerd ’52 University Professor of Economics, Emeritus, and a Nobel laureate whose work ...

More than 100,000 Britons risk being pushed out of work within months, as experts predict the UK’s jobs crisis will be exacerbated by Donald Trump’s war in Iran. Economists ha ...

Economic reality has caught up with the government, as it confronts a 1970s-style stagflation-lite shock. Nothing less than a U-turn is needed to get back on track.

The relationship between military conflict and rising prices is complex. Wars can trigger inflation through supply disruptions and government spending. However, whether they actually do depends on ...

Blame the latest rate rise on a loss of faith in the promises of a Labor government and a divided Reserve Bank board to get inflation under control. Plenty of housing borrowers will wonder why a split ...

A pinch of prevention beats a pound of cure. The post The Budget surplus we don't want (but need) appeared first on The ...

WHILE most people assume the economic consequences from the military conflict in Iran will be much less severe, and believe ...

Customers in London are among the most likely in the UK to have witnessed shoplifting, new figures show. Nearly three in 10 people in London (29pc) said they had seen shop theft i ...

The 40-member body, which has the backing of the World Bank Group and International Monetary Fund (IMF) sets international standards to ensure national authorities can effectively go after illicit ...