From Promoting Economic Pluralism
The European Central Bank (ECB) has announced a new jumbo hike of interest rates in a bid to bring down record inflation in the eurozone. The bank’s three key interest …
European Central Bank announces new super hike of interest rates to tame inflation Read More
International Monetary Fund Managing Director Kristalina Georgieva has rebuked the United Kingdom over its planned tax cuts, telling its finance minister and central bank chief that their policies should not be …
IMF chief rebukes UK officials over ‘policy coherence’ Read More
The pound sterling dropped on Thursday after the Bank of England upped interest rates by the biggest increase in 27 years. At the same time it delivered the rise in …
UK central bank raises interest rate, warns of recession Read More
The Bank of England has raised interest rates for the fifth time in a row to 1.25% and set the scene to act more “forcefully” ahead because of a mounting …
Fifth consecutive hike as interest rate raised to 1.25% by Bank of England Read More
There’s an economic idiosyncrasy in the U.K. that makes it “one of the most vulnerable countries in the world right now,” according to an investment strategist. Mike Harris, the founder …
UK economy ‘one of the most vulnerable’ in the world right now due to mortgage trends Read More
The International Monetary Fund (IMF) said on Monday it had agreed with Pakistan on measures needed to revive a stalled $6bn funding programme for the South Asian country, which faces …
IMF revives $6BN bailout for Pakistan’s economy Read More
We’ve been living in a time of unprecedented global economic growth. Depressions, recessions and other dips in the economy notwithstanding, the last century has been unlike any other before in …
Researchers caution global economic growth could slide into stagnation Read More
Emerging economies spar with U.S. over ‘carbon colonialism’ from Politico: GLASGOW, Scotland — The United States, the European Union and the U.K. drew a sharp rebuke on Thursday from developing …
Friday 12th – this week’s top economic news Read More
Professor Jane D’Arista’s broad and deep expertise spans monetary policy and regulation. Rick Rowden asked her some large-scale questions about the global economy for The Mint. The Mint: What are your …
The biggest issue Read More
America’s growing income inequality has long needed attention. Last January, under emergency circumstances, it finally got some, in the form of a $1.9 trillion pandemic relief package. The quietly influential …
Turning MMT into practice Read More