Yen gains ahead of BOJ decision in packed week for investors
A separate closely watched survey showed that big Japanese manufacturers’ business sentiment hit a four-year high in the three months to December. The yen strengthened
Emerging market resilience to risk-off shocks: Good luck, but mostly good policies
Emerging markets used to be hit hard whenever global investors turned nervous. This column analyses how emerging markets have managed output and inflation during global
Global trade to hit record $35trln despite slowing momentum
Between July and September, global trade grew 2.5% compared with the previous three months. Global trade is expected to grow about 7% in 2025, adding
Gold eases after divided Fed rate cut vote; silver hits new high
Spot gold fell 0.3% to $4,217.09 per ounce, as of 1111 GMT. U.S. gold futures for February delivery gained 0.5% to $4,244.70 per ounce. Gold
Putting debt-strapped countries on a sustainable path
A paradox is unfolding across developing economies. On the bright side, inflation is finally abating. The oppressive interest rates of the last five years are
The economics of the second Trump administration
As soon as he took office for the second time, Donald Trump made it clear that there would be dramatic changes in US government policy.
Dollar set for biggest weekly fall in four months, Fed path in focus
Dollar on defensive before Thanksgiving, Fed December cut eyed. The dollar was drifting toward its largest weekly drop in four months on Thursday as trade
Gold holds steady as Fed rate cut bets offset dollar strength
Traders see 75% chance of US interest rate cut next month. Gold prices held steady on Monday, as growing expectations of a Federal Reserve rate
Continued growth despite a challenging environment: The Commission’s Autumn 2025 Forecast
The EU economy grew stronger than expected in recent quarters and all member states are set to return to growth in 2025. Modest but steady
Supply shocks and inflation: Timely insights from financial markets
Determining the drivers of inflation in real time is a central challenge for central banks. This column introduces a new financial markets-based model to identify
