Policymakers, wary of inciting reckless borrowing in real estate, are instead investing heavily in factories and trying to help indebted local governments.
Category: Economic Conditions and Trends
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Risk of a Wider Middle East War Threatens a ‘Fragile’ World Economy
After shocks from the pandemic and Russia’s invasion of Ukraine, there’s little cushion if the fighting between Hamas and Israel becomes a regional conflict.
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Migrant Workers Propelled China’s Rise. Now Many See Few Options.
Migrant workers, who moved from China’s villages to its big cities, were a secret weapon building the economy. Now many see few options.
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Eurozone Economy Shrinks, While Price Pressures Ease
Economic growth contracted 0.1 percent last quarter, and inflation in October fell to a two-year low, a sign that high interest rates were taking a toll.
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Japan Takes Another Step Away From Easy Money
The Bank of Japan said it would be more flexible in how it manages government bond yields, citing rising inflation.
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In Global Race to Offer Green Subsidies, U.K. Prefers Slow and Steady
Competing against sizable U.S. incentives, Britain is choosing a less expensive route, winning some fans while exasperating others.
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In Global Race to Offer Green Subsidies, U.K. Prefers Slow and Steady
Competing against sizable U.S. incentives, Britain is choosing a less expensive route, winning some fans while exasperating others.
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Russia’s Central Bank Raises Rates to 15 Percent to Curb Inflation
The jump, from 13 percent, would bring a long period of “tight monetary conditions” in order to ease price pressures, the bank said.
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European Central Bank Keeps Rates on Hold for First Time in Over a Year
“Inflation is still expected to stay too high for too long,” the bank said, but noted that its campaign of interest rate increases was helping to curb price pressures.
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What Is Going On in Britain’s Economy? The Picture Is Foggy.
The country’s statistics agency published new “experimental” labor market data, the latest in a series of economic re-evaluations.
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What Is Going on in the U.K.’s Economy?
The country’s statistics agency published new “experimental” labor market data, the latest in a series of economic re-evaluations.