Euro zone business activity expanded in August, PMIs show. European stock markets fell slightly in early trading on Thursday, hovering just below recent highs, as traders avoided making big moves and waited for the Federal Reserve’s three-day annual Jackson Hole symposium. Jackson Hole starts on Thursday and focus will be on Fed Chair Jerome Powell’s […]
The independence of monetary authorities from political interference is a foundational principle of modern central banking, and understanding whether threats to this independence affect expectations and beliefs is important. This column uses data from the Polymarket platform, where users trade on Federal Reserve interest rate decisions and possible replacement of Chair Powell, to examine how […]
The number of people fleeing war and persecution worldwide has nearly tripled since the early 2010s, challenging European policymakers to ensure swift integration of asylum seekers into the labour market. This column assesses a pilot programme in Italy that provides early, personalised labour market support to asylum seekers. Even in resource-constrained settings, the early targeted […]
