Hints and tips:
Related Special Reports
...“The reason that the supply shocks of the ’70s-’80s became entrenched was central banks didn’t understand the role of inflation expectations and the cost of living adjustments in many labour contracts,”...
...Some bondholders could lose up to 40 per cent of their money under the plans in the government’s central scenario although others could incur a loss of about 5 per cent....
...The transaction follows a rebound in travel after the end of the coronavirus crisis that led to airlines recording record profits in 2023 and has triggered dealmaking among hospitality businesses....
...On the former, Bernanke called for an overhaul of its main economic model and a modernisation of the software it uses for data analysis. These are core pillars for any central bank’s operations....
...The author is associate professor of law and strategy at the Central European University in Vienna Since taking power last month after his victory in Poland’s October elections, Prime Minister Donald Tusk...
...The Bank of Mexico’s five-member board voted unanimously to hold the benchmark interest rate steady at a record high of 11.25 per cent, warning that the inflation outlook was still “challenging”....
...Their wives had led repeated protests outside the prison and stood by Duda when he announced his new pardon on Tuesday....
...The ECB’s staff committee said in a letter to the board last week that “many colleagues were shocked by the choice of words” and that the idea of “reprogramming” people was “in direct contradiction to the...
...But it has eased tensions in Catalan society, as has renewed dialogue between the central and Catalan governments. The pardon did not revalidate or reinvigorate the cause, as critics predicted....
...And while the eurozone is suffering from weak economic growth, the unwinding of its energy price shock and the prospect of interest rate cuts by the European Central Bank may buoy investors....
...Off-the-record conversations in corridors and hotels are often more valuable than the rigid speaking briefs followed on stage....
...Only about 31 per cent of all shareholders voted in favour of adding Peltz to the board, a person close to Disney said. Read more on Peltz’s failure to challenge Disney’s “woke” strategy....
...Eurozone inflation has declined rapidly from its record high of 10.6 per cent in October 2022, after a surge in energy and food prices faded....
...elections, which had a record turnout in Poland’s recent history....
...As the activists poured scorn on Disney’s succession planning, members of its board said last month that they were reviewing “internal and external candidates with the help of a well-regarded national search...
...European Central Bank board members warned midweek that the pace of disinflation will probably slow in 2024....
...It was particularly wet in central and eastern England and Scotland, where some areas received more than one and a half times the average rainfall....
...That has disappointed those who hoped Yoon’s record as a prosecutor meant he might challenge the cosy and sometimes corrupt relationship between government and big business....
...The major central banks may now cut rates earlier in 2024 than anticipated. That would be a relief for many households and businesses....
...Last year the Fed raised its policy rate to a 23-year high of 5.25 per cent to 5.5 per cent, while the ECB lifted its deposit rate to a record-high 4 per cent....
...In July, Mexico passed China as the biggest source of imports into the US. Foreign direct investment into Mexico hit a record $32.9bn in the first nine months of this year....
...Over in Tokyo, the Bank of Japan does not really believe in outlining the certainty of its forecasts or examining its past record....
...Isabel Schnabel, ECB executive board member, told the Financial Times this month that lower borrowing costs and increased lending could cause inflation to “flare up again”....
...A flurry of dovish messages from central banks weighing the prospect of multiple interest rate cuts has set global stocks alight this week....
...Europe was hit by a food and energy price shock following Russia’s invasion of Ukraine. But annual energy prices in the eurozone fell close to a record rate last month....
International Edition