What is most interesting about last week’s US jobs report are the questions it raises rather than the answers it gives.
What about the safe liability? The question is about a safe liability for governments , which in the eurozone arose because of the struggle of...
The IMF is in the news and, like other types of firefighters and crisis managers, the reason is not entirely reassuring. People are getting...
There may be no more powerful policy to improve social mobility and a fair distribution of economic opportunities than the provision of high-quality...
When the Federal Reserve lifted interest rates by a quarter point on Wednesday, its first policy decision on new chair Jay Powell’s watch...
In central banking circles, the talk of normalisation has been under way for some time. The Federal Reserve and the Bank of England have both moved...
The European Central Bank did what most people expected on Thursday and announced it would halve the rate at which it buys securities - and hence...
Two recent straws in the fair winds enjoyed by the eurozone: Jean-Claude Juncker’s upbeat state of the union speech to the European Parliament...
Central bankers in rich countries seem to find it increasingly irresistible to scratch their itch for “normalisation”. In the FT today,...
Whisper it softly to those worried the UK was shackled to a corpse: the eurozone economy is accelerating steadily. The monetary union grew faster...
There have been three pieces of good news in recent weeks for those who support global economic openness. Two of them, from the US, stand out amid...
It’s not just Trump: the US has always been the most insistent among large economies that its current account deficits are the fault of other...
In his recent speech on the UK’s productivity challenges, the Bank of England’s Andy Haldane had to defend himself against a peculiar...
In the book that brought him fame, John Maynard Keynes celebrated the “extraordinary episode in the economic progress of man . . . which came...
The productivity debate rumbles on. As it must: the lack of productivity growth is one of the largest challenges our economies face. Without...
If anyone is still in doubt about the main challenges facing the world economy, the International Monetary Fund has done its best to put them right....
It's hard to take Donald Trump's economic policy proposals seriously. Not just because it's difficult to pin down what exactly they are. Not just...