Federal Reserve
Opinion
US Votes 2024
The $53 trillion shadow hanging over the US election
Donald Trump and Kamala Harris have each rolled out reckless plans that will add to one of America’s biggest problems.
- by Stephen Bartholomeusz
Latest
Opinion
Opinion
Pressure on the Fed is mounting as sharemarkets spiral again
Nearly a month ago, Wall Street plunged in response to a shock set of US job figures. Overnight, the market plunged again, in expectation of more bleak numbers this week.
- by Stephen Bartholomeusz
Opinion
Inflation
Why economists worry about Trumpflation
Despite Kamala Harris’ ascent in the polls, it remains quite possible that Donald Trump will win the US election. And if he does, inflation in the world’s largest economy may become a major problem again.
- by Paul Krugman
Opinion
Interest rates
The Fed may have left it too late to cut interest rates as recession fears grow
Jerome Powell has signalled that the Fed will soon cut US rates for the first time since it began raising them aggressively more than two years ago. It may have missed its moment.
- by Stephen Bartholomeusz
Fed chair Jerome Powell: ‘The time has come’ for interest rate cuts
The US Federal Reserve is ready to cut interest rates, confident that inflation is easing to normal levels and wary of any more slowing in the job market.
- by Rachel Siegel
‘Time has come’ to cut interest rates, Fed Chair Jerome Powell says
“The time has come for policy to adjust,” Powell said in a highly anticipated speech to the Kansas City Fed’s annual economic conference.
- by Howard Schneider and Ann Saphir
Opinion
Global economy
China can’t rescue the global economy this time
The global economy is sputtering and an “enormous error” in the US just ramped up the pressure. We can’t rely on China to fix things.
- by Ambrose Evans-Pritchard
Analysis
Global economy
The Rocky Mountains meeting that has the world on edge
The world’s central bankers are gathering in Wyoming this week. They find themselves more divided than perhaps any time since before the pandemic.
- by Swati Pandey, Mark Schroers, Tom Rees and Garfield Reynolds
Opinion
US election
Trump as de facto Fed chair is a dangerous idea
Donald Trump thinks that his experience as a reality TV star and casino and real estate investor gives him a superior sense of monetary policy.
- by Jonathan Levin
‘It got spooky’: Inside the three days of chaos that rocked Japan
No market was hit as hard as Japan’s as financial turmoil spread around the world this week. There was one reason why.
- by River Akira Davis
Opinion
Sharemarket
Was the flash crash a false alarm or a sign of worse to come?
The carnage on financial markets seems to have ended as quickly as it started. The fragility of the global economy remains.
- by Stephen Bartholomeusz