Economic Conditions and Trends – Page 86

Turkey’s Central Bank Raises Rates to Near Two-Decade High

The bigger-than-expected rate increase, to 25 percent, is aimed at curbing stubbornly high inflation that exceeded 80 percent last year.

By Aaron Boxerman

Banking and Financial Institutions Economic Conditions and Trends Federal Reserve Bank of Kansas City Federal Reserve System Government Bonds Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H United States Economy

At Jackson Hole, Powell Faces a Changed Economy and Market

Jerome Powell, the Federal Reserve chair, warned in 2022 that the central bank might hurt the economy to cool inflation. This year, things look less dire.

By Jeanna Smialek and Joe Rennison

Biden, Joseph R Jr Commerce Department Economic Conditions and Trends Factories and Manufacturing Foreign Investments Law and Legislation United States Economy United States Politics and Government White House Council of Economic Advisers

Biden Incentives for Foreign Investment Are Benefiting Factories

Early data suggest laws to increase semiconductor production and renewable energy technology have shifted the makeup of foreign direct investment — but not increased it.

By Jim Tankersley

Books and Literature Capitalism (Theory and Philosophy) Communism (Theory and Philosophy) Economic Conditions and Trends Income Inequality Japan Politics and Government Saito, Kohei

Can Shrinking Be Good for Japan? A Marxist Best Seller Makes the Case.

Kohei Saito says the country should seize this moment of demographic and economic challenge to reinvent itself through “degrowth communism.”

By Ben Dooley and Hisako Ueno

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