Not for turning: ECB President Christine Lagarde.
Sueddeutsche Zeitung Photo
The banking crisis has been caused by the interest rate rises, and further hikes were supposed to be a no no.
Central banks have been signalling that rate rises are going to get more aggressive again, but can the economy actually take it?
In December 2022, inflation (not comprising food and energy) reached 5.4%: a record in the Eurozone.
Pxhere, CC BY-SA
What will happen to the euro zone’s rising prices in 2023? Here’s an overview of the factors which might influence inflation’s acceleration or deceleration.
Many countries are dealing with a rapidly rising cost of living.
January 6, 2023
Alan Shipman, The Open University; Aymen Smondel, IAE Nice - Université Côte d'Azur; Bhima Yudhistira Adhinegara, Center of Economic and Law Studies (CELIOS); John W. Diamond, Rice University; Luis Garvía Vega, Universidad Pontificia Comillas; Mohamad Hassan Shahrour, IAE Nice - Université Côte d'Azur; Peter Martin, Crawford School of Public Policy, Australian National University, and Wayne Simpson, University of Manitoba
Price inflation has hit countries differently, but most central banks and governments are concerned about the rising cost of living in 2023.
This could get ugly.
Central banks are raising interest rates to tame inflation, but 2023 will increasingly turn a technical decision into a political challenge.
Unbearable pressure: Fed Chair Jay Powell.
Central bankers are set to slow down their rate hikes.
Australia’s most important public financial institution, the Reserve Bank, runs on rules from the 1950s. For a 21st century economy, managing climate change needs to be added to its 3 key objectives.
In the face of soaring prices, households are benefiting from government measures to reduce their energy bills.
France’s nuclear energy supply and public support schemes for households have in particular helped to limit the rise in prices.
Inflation rates are currently rising, reflecting the increasing cost of goods and services.
PERO Studio / Shutterstock
Central banks are trying to strike a balance between curbing inflation and enabling economic growth.
For ECB President Christine Lagarde, inflation is turning into a blooming nightmare.
As the European Central Bank announces its first increase in interest rates, investors are getting very nervous.
By changing the rules around bank lending, you can make a huge cut to national debt.
Nothing but conundrums.
Will we now see a proper pandemic recovery?
Federal Reserve Chair Jay Powell is signalling hard decisions ahead.
Transitory or persistent? That’s still the big question facing central bankers over inflation.
Pump-primer in chief, Fed Chairman Jerome Powell.
Interest rates, inflation and huge debts will all be up for debate.
Prices, prices, prices.
Debate is raging about whether the recent burst of inflation is temporary or here to stay.
‘Il primo ministro.’
The former European Central Bank supremo has been generally seen as a good hire for Italy, but there are also global issues at play.
No signs of the bottom.
Markets normally rally when central banks throw trillions of dollars at a problem. But not this time.
How many people realise that the central banks’ great programme for reviving the global economy involves hand-picking which companies and sectors to help out?
Why is this man smiling?
AP Photo/Richard Drew
An economist unravels the seeming contradiction between stocks flirting with all-time highs and growing fears of a recession.
City Skyline and Main River in Frankfurt, Germany.
Valerian Alecsa / Shutterstock
Economic polarisation across Europe is becoming an important phenomenon, in part driven by monetary policies that can increase office prices and can even affect the fundamentals that drive the markets.