LONDON: US President Donald Trump’s aggressive trade strategy will soon face a fundamental contradiction: imposing tariffs and rejecting multilateralism in the name of protecting American jobs clash with his stated goal of maintaining the...
LONDON : Central banks have drastically changed the way they implement monetary policy. Since the 2008 global financial crisis, the US Federal Reserve and the European Central Bank have been providing liquidity directly to banks and other financial...
LONDON: Inflation’s return from the dead has brought the era of easy monetary policy to an end. The US Federal Reserve, the European Central Bank, and others are planning to shrink their balance sheets, but this is a process that will most...
