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...My impression is that ECB policymakers lost faith in their own institution’s forecasts (and those of others, no doubt) after the many big misses — which coincided with the harshest reputational pressure...
...In a lunchtime webinar on January 24, journalists Martin Wolf and Alec Russell join guests to debate the way forward. FT subscribers can sign up for free here....
...They have made a whole series of seemingly good-faith efforts to try and stop the rot here....
...The three French groups that dominate the cognac market — Hennessy owner LVMH, Rémy Martin producer Rémy Cointreau and Pernod Ricard — reported declining sales of the spirit in their most recent earnings...
...Join Chris, Martin Sandbu, Claire Jones, Martin Arnold and Colby Smith tomorrow 1-2pm BST for a subscriber-exclusive webinar to unpick lessons from central banks’ battle against inflation....
...Martin Amis, that peer of McEwan’s, once attempted an explanation of the vast international appeal of football....
...For a man confronting the darkest situations on Earth, Martin Griffiths retains a surprising light touch....
...“Once bitten, twice shy” is how one of my colleague Martin Arnold’s sources describes the ECB. Similarly, one Fed governor insisted last week the US central bank would “take our time”....
...Here to talk with me now is Katie Martin, the FT’s markets editor. Hello, Katie. Katie MartinHey, how you doing? Josh Gabert-DoyonGood....
...Letter in response to this article: Unshakeable faith / From John Turner, Dublin, Ireland...
...The European Central Bank’s president will announce its latest monetary policy decision in Frankfurt today against a backdrop of worsening relations with many of her own staff, writes Martin Arnold....
...You can bid for lunch with Martin or another FT columnist and support the FT’s charity the Financial Literacy and Inclusion Campaign....
...No one would dispute the mess the British political system and economy have been in since 2016, as Martin Wolf describes so clearly (Opinion, January 22)....
...Maybe allowing bosses and workers to track their time can give employers faith that their teams are working, and give employees a little more freedom to work in a way that suits them....
...That this will be costly tends to be taken as an article of faith. But that really depends on what the optimal scale of the supply chain is....
...It is obviously a leap of faith . . . whether these ambitions can be achieved....
...martin.wolf@ft.com Follow Martin Wolf with myFT and on X Letter in response to this column: Why debt reduction will entail many leaps of faith / From Malcolm Gooderham, Senior Partner, Elgin, London...
...Heller has made crankshaft machines at its base in south-west Germany for almost 130 years, yet like many midsized manufacturers, its chair Klaus Winkler is losing faith in his country’s competitiveness....
...We should put our faith instead in the virtues of the representative assembly, of the messy process of legislation, and of the rule of law. Of course, he is right....
...A big string arrangement by Giles Martin, son of Beatles producer George Martin, adds a Beatlesy flavour, and also some Hollywood emotional heft....
...martin.wolf@ft.com Follow Martin Wolf with myFT and on Twitter This article has been corrected to reflect the fact that the phrase “illiberal democracy” was invented by the journalist Fareed Zakaria, not...
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