The International Monetary Fund warned that inflation remained stubbornly high and that protectionism posed a risk to the global economic outlook.
Category: Economic Conditions and Trends
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China Is Holding a Major Meeting on the Economy That You Can’t Watch
President Xi Jinping will preside over a conclave to draft a new economic program. The stakes are high, but expectations for big changes are modest.
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China’s Economy Slows as Housing Troubles Squeeze Spending
After a strong start to the year, spending has weakened as a real estate downturn weighs on consumers and companies. Communist Party leaders are meeting this week to discuss what to do about it.
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China Reaches Record Trade Surplus, Raising Alarm Abroad
China’s factories have begun an export blitz, prompting worries around the world about the effect on economies elsewhere.
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After French Election, Voters Are Resigned to Cost-of-Living Crisis
France’s parliamentary elections were intended to bring change, but many fear the political gridlock means their struggle to pay bills will continue.
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Britain Has Huge Clean Energy Ambitions, but Are They Realistic?
Analysts warn that the Labour Party’s proposals are unlikely to be cheap and could come at the cost of jobs in the oil and gas industry.
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Political Gridlock Will Raise the Economic Stakes in France
The French election results point to a prolonged political logjam, which may not help a country bedeviled by high debt and slowing economic growth.
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Rachel Reeves, Britain’s First Female Chancellor, Turns to Janet Yellen for Inspiration
Rachel Reeves, who will oversee Britain’s budget, is expected to pursue an agenda influenced by Janet Yellen’s more activist approach to job-creation and investment in the United States.
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Growing Economic Anxiety and Inequality Fuels Unrest Worldwide
Economic turmoil is spreading across the globe, and the response has been protests, attempted coups and elections of far-right politicians.
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Women in India Face a Jobs Crisis. Are Factories the Solution?
As multinational brands shift factory production from China, Indian women — long shut out of the work force — could be prime beneficiaries.
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Economists Worry About Fiscal Plans of Macron’s Rivals: What to Know
The far-right National Rally party and the left-wing New Popular Front are focusing on a cost-of-living crisis to woo voters, but their plans risk worsening France’s soaring deficit.
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Powell Cites ‘Real Progress’ as Central Bankers Assess Inflation Fight
Jerome H. Powell, the Fed chair, and Christine Lagarde, the European Central Bank chief, sounded optimistic about recent inflation data but reiterated the need for more confidence for rate cuts.