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...While team transitory hunkered down, President Joe Biden made excuses. Let us be clear. Regarding US inflation in the first quarter of this year, financial markets, economists and I got it wrong....
...As the chart below shows, most blamed “[Joe] Biden and the administration” for high inflation and even with a partisan response from Republican voters, the president was seen as the main culprit by almost...
...Email me: chris.giles@ft.com Clueless OK, I accept that is an aggressive adjective about my fellow global citizens....
...Trump is the presumptive Republican nominee to square off against President Joe Biden in an expected rematch of the 2020 vote....
...chris.giles@ft.com...
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...It is so large, President Joe Biden must be toast and it probably spells the end of the American dream. Don’t worry. I have not lost my marbles. The calculation above is true, but it is not fair....
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...For more on rate-setters’ battle with inflation, sign up for our Central Banks newsletter by Chris Giles. Or, upgrade your subscription here....
...Chris Giles will use his nearly 20 years of experience as the FT’s economics editor to provide weekly insights on interest rates and monetary policy....
...Much of the action is filmed live (cinematography by Nathan Amzi and Joe Ransom), with close-ups played out on a huge screen above the stage....
...“Maybe monetary policy is not as powerful as it was several decades ago,” said Nathan Sheets, chief economist at US bank Citi....
...A striking example of this is President Joe Biden’s green subsidy plan, the Inflation Reduction Act, passed last year....
...For more on rate-setters’ battle against inflation, sign up for our Central Banks newsletter by Chris Giles if you are a premium subscriber, or upgrade your subscription here....
...the judge overseeing it to disqualify Willis for what he described as an “improper, clandestine personal relationship” with one of the outside attorneys the DA’s office hired to help prosecute the case, Nathan...
Senior development bank official signals support for existing hierarchy as debt restructuring talks continue
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