The review, which was led by Ben S. Bernanke, a former Federal Reserve chair, came after the central bank had been criticized for underestimating inflation.
Category: Economic Conditions and Trends
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E.C.B. Holds Rates Steady as Markets Look for Hints on First Cut
It was the fifth consecutive decision by the eurozone’s central bank to leave rates untouched, as inflation closes in on the bank’s 2 percent target.
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Why Oil Prices Have Been Rising Recently
The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts to tame inflation.
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German Business Is Tangled in Red Tape
Companies in Germany complain that the demands of bureaucracy are costing them time and money that would be better spent building their businesses.
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German Business Is Tangled in Red Tape
Companies in Germany complain that the demands of bureaucracy are costing them time and money that would be better spent building their businesses.
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Yellen Sees ‘More Work to Do’ as China Talks End With No Breakthrough
Treasury Secretary Janet L. Yellen was warmly received in China, but it was evident that the level of trust between the two sides does not run deep.
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Yellen Faces Diplomatic Test in Urging China to Curb Green Energy Exports
The United States wants to persuade China to dial back its green energy industrial strategy as the Biden administration subsidizes its own supply chain.
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China’s Youth Are Giving Up on Saving for Retirement
Citing a rapidly aging society, difficult job market and uncertainty about the future, some young people are rejecting the idea of saving for old age.
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India Election: What 10 Years of Modi Has Meant for the Economy
Narendra Modi has kept India on its swift upward path among the world’s largest economies. Many Indians are better off, though wealth gaps have widened.
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5 Things to Know About India’s Economy Under Modi
As Prime Minister Narendra Modi seeks a third term, India’s growth has received the attention of the world’s investors but inequality has deepened.
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‘Strike Madness’ Hits Germany While Its Economy Stumbles
A wave of strikes by German workers, feeling the sting of inflation and stagnant growth, is the latest sign of the bleak outlook for Europe’s economic powerhouse.
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Bank of England Holds Interest Rates After U.K. Inflation Slows
Britain’s central bank held its key interest rate at the highest level in 16 years for the fifth straight meeting.