Federal Reserve officials are barreling toward another three-quarter-point increase in November, and they may decide to do more next year.
Category: Economic Conditions and Trends
-
China’s GDP Data Delay Points to Murky Economic Picture
The delay in announcing routine growth data this week was only the latest example of how hard it has become to peer into China’s economy, the world’s second largest.
-
Liz Truss’s New Economic Agenda Looks a Lot Like the Labour’s
After a blowback over her budget-busting tax cuts, Britain’s prime minister has junked her free-market plans and adopted several measures favored by Labour.
-
China Delays the Release of G.D.P. and Other Economic Data
The unusual move comes as the country’s ruling elite have gathered in Beijing for the twice-a-decade national congress of the Communist Party.
-
In Xi’s China, the Business of Business Is State-Controlled
The Chinese leader has increasingly demanded that businesses conform to the aims of the Communist Party, an agenda he doubled down on this week at an important political gathering.
-
Lessons From Liz Truss’s Handling of U.K. Inflation
The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation.
-
U.K. Markets Slump Despite Kwasi Kwarteng’s Ouster
Kwasi Kwarteng, the chancellor of the Exchequer, was fired on Friday by Prime Minister Liz Truss in a bid to end weeks of market turmoil.
-
Andrew Bailey Battles Inflation Amid Britain’s Financial Storm
Andrew Bailey, the Bank of England chief, is trying to calm markets, wrestle inflation and maintain the bank’s credibility amid Britain’s financial storm.
-
Liz Truss Stirs Uncertainty Over the U.K.’s Economic Plans
Prime Minister Liz Truss appeared to rule out cuts in public spending, as doubts about the fiscal soundness of the government’s program continued to roil the markets.
-
Turmoil Returns to the U.K. Bond Market
The Bank of England started a bond-buying program last month to stabilize financial markets. But its plan to end the program this Friday is only making investors more nervous.