Hints and tips:
...“The global mood is not one of revenge buying like we saw in 2021 and 2022, so we’re talking more about normalisation than anything else,” said Jean-Jacques Guiony, chief financial officer of LVMH, the world...
...Jean-Michel Basquiat’s Ferris wheel, whose painted designs underscore that amusement parks were historically segregated in the US, makes its gleaming revolutions to the sounds of Miles Davis’s Tutu....
...Jean Carroll. Trump is not alone in facing scrutiny for the handling of government documents, however....
...asked Jean Boivin, the former deputy governor of the Bank of Canada who is now head of the BlackRock Investment Institute....
...The White House did not comment on the outcome of Wednesday’s talks, but Karine Jean-Pierre, the press secretary, told reporters earlier that President Joe Biden still hoped for a bipartisan deal....
...Karine Jean-Pierre, White House press secretary, said after the bill’s passage on Wednesday that it had “no chance of becoming law” and accused Republicans of “forc[ing] middle class and working families...
...Jean Boivin, head of the BlackRock Investment Institute, blamed the disagreements on the fact that there was a “genuine high degree of uncertainty” about the outlook, and the global economy was yet to fully...
...Karine Jean-Pierre, the White House press secretary, said: “A short-term extension is not our plan, either. That is not our plan.”...
...We could use those tools again if needed,” Jean-Pierre said. “Certainly, we are monitoring this situation.”...
...US economics editor Colby Smith joins Edward Luce on The Mall in Washington. On the San Francisco waterfront is our West Coast finance editor Tabby Kinder....
...Karine Jean-Pierre, the White House press secretary, has repeatedly insisted that the Biden administration will not negotiate, and that the debt limit will be raised “without conditions”....
...“The risk of confusion here is that this is going to sound on the one hand like massive progress and it’s going to feel like maybe we can relax,” said Jean Boivin, the former deputy governor of the Bank...
...After Yellen released her letter on Friday, Karine Jean-Pierre, the White House press secretary, reiterated that the Biden administration did not believe a debt ceiling increase should be tied to any negotiation...
...Additional reporting by Kate Duguid in New York and Colby Smith in Washington...
...Jean Boivin, head of the BlackRock Investment Institute, said: “I think they might work initially to alleviate some of the pressure but I think they will be storing up more inflation worries down the road...
...“They’ll try in phase one to get back to neutral and then they’ll evaluate,” said Jean Boivin, a former central banker in Canada now at BlackRock, forecasting that at that point “the world will be very different...
...“It is not surprising for the Fed at this juncture to say they are not concerned by the market moves,” said Jean Boivin, a former Bank of Canada deputy governor now at the BlackRock Investment Institute....
...Jean Boivin, who now heads up the BlackRock Investment Institute after serving as deputy governor at the Bank of Canada, attributed the positive reaction in part to the more “muted hiking cycle” suggested...
...What we are really going through right now is a massive supply shock,” said Jean Boivin, a former Bank of Canada deputy governor now at the BlackRock Investment Institute....
...Read more Analysis: The Fed’s full-tilt inflation fight makes a ‘softish’ landing harder to achieve, writes Colby Smith....
...For Jean Boivin, former deputy governor of the Bank of Canada, the huge monetary and fiscal response to the Covid crisis presents yet another set of pressing problems that policymakers have not fully grappled...
...That held true in the years following the global financial crisis of 2008-09: Jean-Claude Trichet at the European Central Bank in 2011 and the Fed’s Janet Yellen in 2015 both started raising rates to stave...
...Colby Smith reports on the reaction of economists and market participants to the shift....
...The political fallout could turn out be bad for the dollar, reflecting that risks from the elections are specific to the US, said Jean-Baptiste Berthon, a strategist at Lyxor Asset Management....
...Join the FT’s Hannah Kuchler and Colby Smith as they discuss science, the economy and the race to recovery in a series exploring our new economic reality on September 15. Sign up here....
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