US may need more slack in job market to hit 2% inflation
By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve…
Private Credit Could Amplify Shock in Next Crisis, Fitch Says
Private credit could be a “meaningful” transmission channel during the next crisis, amplifying a systemic shock to the…
Gold Surges to Record on Weaker Dollar, Risk of US Shutdown
Gold climbed to a record above $3,800 an ounce as precious metals surged, boosted by a weaker dollar…
Economy enters ‘low-fire, low-hire’ stage
The economy has entered a “low-hire, low-fire,” state, according to Federal Reserve Chairman Jerome Powell, meaning that it…
Spectacular AI growth to spark serious jobs issue for Fed: Zervos
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will…
A European Perspective on the U.S. Fiscal Outlook | American Enterprise Institute
Analysts at the Brussels-based think tank Bruegel recently assessed the fiscal effects of the GOP-passed tax cut and spending reform megabill.…
Canada must make urgent structural reforms to ensure long-term economic prosperity: Macklem
Governor of the Bank of Canada Tiff Macklem delivers a speech at a Calgary Economic Development event in…
Summers Says Fed Policy On ‘Loose Side,’ Inflation Top Issue
Larry Summers (Bloomberg) — Former Treasury Secretary Lawrence Summers said Federal Reserve policy is leaning toward being too…
Russia cuts interest rates again but frictions with government remain – POLITICO
“At our meeting in October, a lot will depend on the parameters of fiscal policy that will be…
ECB’s Lagarde set to face grilling on French troubles – POLITICO
Lagarde will need to manage expectations carefully, HSBC economist Fabio Balboni warned, since ruling cuts out completely could…
The August Jobs Slowdown – The Dispatch
White House officials sought to downplay the alarming numbers over the weekend. Friday’s report was “a little bit…
The RBA has never known what to do about property prices, former deputy governor says
Have you wondered how the Reserve Bank of Australia came up with its “2-3 per cent” target for…