Business / Economy May 11, 2022
Fed confronts why it may have acted too slowly on inflation
by Jeanna Smialek
Some Federal Reserve officials have begun to acknowledge that they were too slow to respond to rapid inflation last year.
Editorials May 10, 2022
The U.S. Fed navigates a difficult path, with much resting on its success
The market plunge is a vote of no confidence in the Fed’s ability to safely navigate between competing imperatives: controlling inflation and keeping the economy growing.
Commentary / Japan Apr 21, 2022
Inflation, oil prices and the yen: What’s behind the BOJ’s tack?
by Sayuri Shirai
Japan’s inflation rate is around 1%, one of the lowest in the world. Why is Japan, which has been battling deflation for two decades, still the exception even as global inflation is rising?
Business Feb 11, 2022
Hot inflation drives case for 'big-bang' Fed rate hike in March
by Ann Saphir and Lindsay Dunsmuir
The latest data defied hopes that U.S. sticker shock would ease and instead bolstered the view that the central bank is behind the curve.
Business / Financial Markets Feb 7, 2022
Developing world investors are nervously watching as the U.S. Federal Reserve readies its most aggressive rate hike cycle in 17 years.
Commentary / World Jan 21, 2022
China's got problems, but inflation ain't one
by Daniel Moss
China looks determined to quash — rather than live with — COVID-19. An overly muscular economic response, too, may do as much harm as good.
Editorials Dec 24, 2021
Central bankers balance two priorities: prices and employment. Unfortunately, a slowing economy generally reduces employment, which means that those two priorities compete with each other.
Commentary / Japan Dec 13, 2021
Will closer monetary-fiscal policy coordination lead to fiscal dominance?
by Sayuri Shirai
As yield curves are already so flattened, central banks may need to rely more on reducing their holdings of government bonds to prevent an inversion of the yield curve.
Commentary / World Nov 24, 2021
The Fed has risen too far above political control
by John Authers
The problem with the Fed is that the need for stability — and for avoiding market shocks — cuts across the desire to exert more democratic control over the central bank.
Commentary / World Sep 20, 2021
Changing the climate of financial regulation
by Sarah Bloom Raskin
Despite the growing costs of climate change, U.S. financial regulators have yet to show they are thinking creatively about potential solutions.
Commentary / World Aug 27, 2021
U.S. Fed decries wealth gap it helps perpetuate
by Lisa Abramowicz
All things being equal, the Fed is actively making the wealth gap more pronounced with its ultraeasy monetary policy.
Commentary / World Jul 15, 2021
China is the first crack in the COVID-19 recovery
by Daniel Moss
The shift by China's central bank is jarring because the nation spent months conveying the idea that it was comfortable trimming — not adding — support for the economy.