Schwarzman Says US to Avoid Recession Regardless of Election (23.10.2024)
NEWS I INFLATION/ZINSEN/WÄHRUNGEN I INFLATION/INTERESTS/CURRENCIES
ECB’s Lingering Inflation Risks Warrant Caution, Patsalides Says (23.10.2024)
ECB’s Villeroy Urges Agility on Rates to Not Fall Behind Curve (22.10.2024)
Goldman Sees Risk of 10% Drop in Euro If Trump Wins US Election (22.10.2024)
ECB’s Rehn Says Weak Euro-Area Growth Could Increase Disinflation Pressure (22.10.2024)
ECB Rates: Lagarde Sees Clear Direction, Pace of Cuts to Be Decided (22.10.2024)
Fed Stuck on Six-Week Data Cycle When Investors Want a Forecast (17.10.2024)
US Election: Trump Victory Prospects Alarm Europe Central Bankers (22.10.2024)
Fed’s Schmid Favors Slower Pace for Interest-Rate Reductions (21.10.2024)
Fed’s Kashkari Sees Slower Pace of Interest-Rate Cuts in Coming Quarters (21.10.2024)
Fed’s Mary Daly Says She Doesn’t See Reasons to Stop Cutting Interest Rates (22.10.2024)
ECB’s Kazimir Says December’s Rate Meeting Is Wide Open (21.10.2024)
Traders Put Half-Point ECB Rate Cut in Play as Economy Teeters (17.10.2024)
EUR USD: Euro Parity Threat Returns on Talk of Trump Tariffs and ECB Cuts (18.10.2024)
US-Immigration since COVID I BLOOMBERG I 19.10.2024
Markets Take Charge With ECB in Catch-Up Mode Over Rate-Cut Bets (17.10.2024)
ECB Officials See December Cut Very Likely With 2% Goal Nearer (17.10.2024)
Market Is Wrong About Synchronized ECB, Fed Cuts, El-Erian Says (17.10.2024)
Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023 (10.10.2024)
Fed’s Bostic Says US Employment and Growth to Stay Robust (17.10.2024)
ECB Cuts Rates for Third Time to Prop Up Weakening Economy (17.10.2024)
Fed’s Influence Over Other Central Banks Is Waning (16.102.2024)
What’s going on? First, the structure of the world economy has changed, and the US and its allies command a smaller share. In 1990 the US accounted for 21% of global gross domestic product and the Group of Seven for 50%. In 2024 their shares have fallen to 15% and 30%, respectively.
Second, important parts of the world are shifting away from the US-designed operating system. It used to be the G-7 that made the big decisions. Then—with the rise of China and other major emerging markets—the club was expanded to the Group of 20. Now deep fissures between the US and Europe on one side and China and Russia on the other have rendered the G-20 largely ineffective. One measure of its declining influence is the emergence of competing groupings, such as the BRICS—originally conceived as an investing category, it’s morphed into a real-life club, with Brazil, Russia and the other emerging market members take turns hosting summits.
Trump Says Tariffs Will Fuel Growth, Defends Economic Agenda (15.10.2024)
Fed’s Kashkari Says ‘Further Modest’ Rate Cuts Appropriate in Coming Quarters (14.10.2024)
US Consumer Spending Is Increasingly Driven by Richer Households (11.10.2024)
Waller Says Fed Should Cut Rates With Caution at ‘Deliberate’ Pace (14.10.2024)
Euro Zone’s Cooling Jobs Market Feeds Calls for Faster ECB Interest Rate Cuts (14.10.2024)
Germany in Recession With 2024 to Show No Growth, Survey Says (14.10.2024)
EU Summit: Europe Finance Chiefs Divided Over Bloc’s Economic Problems (14.10.2024)
Fed’s Goolsbee Praises Progress on Inflation, Labor Market (11.10.2024)