Inflation nation: The Fed raises rates, again

The resignation of India’s education minister was a stunning capitulation by Prime Minister Narendra Modi’s government. The Cockroach Janta Party, a fast-growing youth movement, has the upper hand for now. So-called macro trading is hard: even with advance knowledge of events, ne ...  Show more

After Elon Musk’s first extended interview since SpaceX’s blockbuster IPO, The Economist editor-in-chief reflects on what he told her: that AIs will be in charge in ten years, his dark view of Europe and the inevitably of civil war in Britain. At what age is a child responsible f ...  Show more

America’s Federal Reserve made its third straight 0.75% <a href="https://www.economist.com/finance-and-economics/2022/09/21/as-america-raises-rates-the-rest-of-the-world-bears-the-pain?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery. ...  Show more

America’s central bank has <a href="https://www.economist.com/graphic-detail/2022/07/27/the-fed-is-no-longer-taking-baby-steps-to-rein-in-inflation?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_ ...  Show more

Prices in America are rising faster than at any time in the past 40 years. In response, the <a href="https://www.economist.com/leaders/the-federal-reserve-is-causing-pain-in-financial-markets/21809132?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_co ...  Show more

The Federal Reserve hiked policy rates by 75bps at its June meeting to try and push back against the inflation weighing on the US economy. With more rate hikes ahead, risks are increasing of a sharp slowdown in growth in the US and a drag on activity in the UAE and the broader GC ...  Show more