Fed Chair Jerome Powell is talking tough on inflation.
The economy doesn’t have a real inflation problem, and not recognising the difference is the biggest danger.
What goes up must come down.
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Until recently the Federal Reserve had been purchasing roughly $120 billion of assets every month to support the US economy. The Fed began scaling back those purchases in November and doubled the pace on Dec. 15.
Stuck in first gear.
China is trying to stimulate bank lending – but it also has longer term problems.
John Kerry, the U.S. presidential special envoy for climate, surrounded by other negotiators during COP26.
The world promised progress at the Glasgow climate conference. Now it has to turn those promises into reality. A former senior UN official describes what to watch for in the coming year.
People, Planet and Prosperity was on the agenda of the G20 Finance Ministers and Central Bank Governors’ meeting in February 2021.
G20 Italy Finance Media / Handout/Anadolu Agency via Getty Images
Central banks have a responsibility in addressing the challenge of climate change. But how? Experts explore some ideas.
There is a need to educate Nigerians on the difference between the digital representation of cash deposits in bank accounts and the eNaira in digital wallets.
Pius Utomi Ekpei/AFP via Getty Images
Nigeria can pull off its newly introduced digital currency but there are concerns that must be addressed for its smooth operations.
Extinction Rebellion protesters outside the Bank of England, September 2021.
Vickie Flores / EPA
Research finds a link between rising temperatures and inflation.
Pump-primer in chief, Fed Chairman Jerome Powell.
Interest rates, inflation and huge debts will all be up for debate.
South African Reserve Bank Governor Lesetja Kganyago.
Andrew Caballero-Reynolds/AFP via Getty Images
Central banking was given to technocrats whose job is to make the difficult decisions. But there are parameters. And within these, central bankers must act independently, without fear or favour.
The independence of Australia’s central bank doesn’t make it infallible. It should welcome peer review.
Prices, prices, prices.
Debate is raging about whether the recent burst of inflation is temporary or here to stay.
A woman walks past the Bank of Canada building in Ottawa in September 2017.
THE CANADIAN PRESS/Adrian Wyld
Unconventional policies can be used to alleviate — instead of exacerbate — inequality, something Canadians are clamouring for. The Bank of Canada needs to rediscover its former innovation zeal.
It even inspired the global TV hit, La Casa de Papel
The story of how money injections became the go-to policy for tackling economic crises.
Winners and losers.
With the global financial system on permanent life support, even trillion-dollar stimulus packages can only do so much to restore equality.
Yes, the bank would effectively pay you to borrow money. But negative interest rates won’t please savers, nor will they meet the big challenges of economic recovery.
The coronavirus pandemic may provide another incentive for some countries to move to e-currencies.
There’s no indication that handling cash increases your chance of catching COVID-19. But that hasn’t stopped countries around the world from looking at digital currencies.
Creating lots of new money is supposed to produce runaway inflation. The longer that it doesn’t happen, the more this branch of economics appears to have a point.
Long before COVID-19, central banks were lining their stores for winter.
Rocks and hard places.
We could welcome the news that prices have been rising much more slowly since the coronavirus pandemic – or we could get nervous.
No signs of the bottom.
Markets normally rally when central banks throw trillions of dollars at a problem. But not this time.