IMF discusses inflation trends in the global economy The International Monetary Fund’s chief economist has warned the global economy is facing a perilous phase. Pierre-Olivier Gourinchas said: “We are… entering a perilous phase during which economic growth remains low by historical standards
A group of hundreds of economics professors signed on to an open letter to Columbia University Professor Jeffery Sachs, arguing the Ivy League economist has pushed Russian propaganda in his writings about the war in Ukraine. “Your interventions present a distorted picture
Jeremy Hunt’s Budget played it safe and will not stimulate the UK economy in the way that it could have done had the Chancellor been bolder, an economist with the Adam Smith Institute has said. Maxwell Marlow, the London-based think tank’s Director
On Thursday, depositors rushed to pull their money out. An old-fashioned bank run was underway. It was the second-biggest bank failure in US history and trickier than most: an astonishing 94 percent of Silicon Valley Bank’s deposits — including large cash holdings
Jeremy Hunt is running the risk of falling into a “doom loop” of stringent taxes following a slight positive uptick in economic indicators this morning, economists have warned. A report this morning saw the UK government earning a surprise surplus in its