Sterling drops as inflation cements BoE cut expectations, dollar up before US inflation
British consumer price inflation fell to 3.2% in November, its lowest since March, from 3.6% in October, official figures showed. Sterling fell on Wednesday after
Macro-financial disconnect in the euro area: Assessing tail risks to euro area growth and equities
The euro area is experiencing a combination of low growth and persistently high policy uncertainty, but financial conditions are remarkably supportive and valuations now look
Gold edges down as investors turn cautious ahead of year-end US data
US Nov non-farm payrolls, unemployment rate data. Gold prices slipped on Tuesday, as investors turned cautious ahead of key U.S. jobs and inflation data, which
US dollar close to multi-week lows versus euro and yen before US data
Euro supported by ECB’s stance and strong economic data. Euro supported by ECB’s The U.S. dollar hovered around multi-week lows against the euro and yen
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
Changing tariff treatment and the exports of developing countries
Recent changes in the tariff policies of the US and China are likely to affect developing countries in complex ways. This column argues that pre-existing
Political power and profitable trades in the US Congress
The debate over whether US members of Congress should be allowed to trade individual stocks has become a mainstream policy concern. This column uses data
The role of wages in retaining effective teachers in the classroom
Concerns about declining student achievements have become central in education debates, with teacher quality drawing attention as a key driver. This column examines how wages
Wealth shocks tilt the balance toward self-insurance for long-term care
When older adults need paid long-term care, most rely on their own assets unless they hold private long-term care insurance or qualify for Medicaid. This
Brexit’s slow‑burn hit to the UK economy
The UK is once again debating why its economy has grown slowly since the mid‑2010s. This column examines the impact of the decision to leave
