Rational inattention and information provision experiments
Surveys with information provision experiments have become popular in economics. This column introduces an information provision experiment in a model of rational inattention – where
Gulf central banks cut key interest rates following Fed move
The Fed cut its rate by a quarter of a percentage point, in a move that won support from most of President Donald Trump’s central
Gold uptrend intact, but due for correction before topping $4,000 in 2026
Spot gold was trading around $3,680 per ounce on Tuesday after hitting a record $3,689.27 earlier in the session. Gold’s stellar rally to successive record
Strong Japan GDP lifts yen, dollar steady as rate cut fervour cools slightly
Dollar on course to end week flat against EUR; lower against JPY, GBP. The dollar was largely steady against the euro and British pound on
Currency markets brace for US inflation data
China’s yuan was flat at 7.195 per dollar in offshore trading. Currency markets were in a holding pattern on Tuesday, with traders’ reluctance to make
Strong Japan GDP lifts yen, dollar steady as rate cut fervour cools slightly
Dollar on course to end week flat against EUR; lower against JPY, GBP The dollar was largely steady against the euro and British pound on
Sudden stops in the euro area
Internal balance-of-payment crises should be taken as a strong signal of weakness and a wake-up call to reform euro area structures The single currency was
Dollar rises versus euro and yen before US economic data
It also sees the European Central Bank as having concluded its easing cycle. The dollar edged up against the euro and the yen, but remained
The supply side of monetary policy: How floating-rate loans blunt the ECB’s fight against inflation
Central banks raise interest rates to reduce aggregate demand and bring inflation down. This column uses credit register data and product-level price data from the
