Economics After a month of pain, euro bulls look to Fed pause for reliefSlowing inflation and fading optimism about European growth sent the euro to its worst month since April 2022
US Politics ‘Agreement in principle’ reached in US debt crisis talksDeal is believed to include a debt-limit increase and enhanced work requirements for food aid
US Stocks fall on Wall Street over fears of US government debt defaultIt comes as Fitch Ratings placed the US on credit watch, a sign of unease about the country’s ability to avert a first-ever default
US McCarthy signals impasse in White House debt talksChief negotiator suggests two sides have reached a standoff
Markets Donal MacNamee: Europe faces rates dilemma as Fed mulls pause on increasesThe European Central Bank may keep hiking rates even as the US considers a pause – amid warnings it could create a punishing economic slowdown
Banking Banks’ bad debts will spike this year, asset manager expert warnsInvestment head says previously hidden credit problems will appear as net interest profit margins are squeezed and easy money dries up
Economics Aidan Regan: SVB was simply the first thing to break – more will followThe stability of the system is largely reliant on household depositors willing to keep their cash in the bank and put up with zero interest on their savings
Economics Vincent Boland: Growth is out, value is in as investors choose to shun riskWith such a fundamental shift in market conditions, are we heading for a recession – and if so, how deep? Not even the experts know the answer
Business Post's View Editorial: Causing a recession to drive down inflation will not do the trickA short-term slowdown today to create better growth prospects tomorrow would be a cure almost as destructive as the disease
Economics US dollar to stay strong against euro and sterling, says currency expertThe ECB and Bank of England may find it hard to match the level of interest rate hikes coming from the Fed, says Moneycorp Europe’s Shane Murphy
Markets Financial markets ‘starting to price in potential recession’Kaspar Elmgreen, head of equities at Amundi, Europe’s largest asset manager, says that his company is seeing a big fall in consumer confidence in a number of countries
Expert warns central banks not raising interest rates quickly enough to stem inflation crisisGlobal assets manager for €133 billion portfolio says a reversal is urgently needed for the world economy’s ‘extreme imbalance of capital and liquidity relative to investment demand’
Vincent Boland: A new decade of austerity is looming and we are woefully unprepared for itGlobalisation is in retreat, the tech revolution is slowing down and public debt is rising
US economist warns Fed must ‘act tough’ to counter runaway inflationInternational finance professor Sergio Rebelo says the lift in interest rates needs to accelerate to avoid repeat of 1970s crisis
Editorial: The years of free money are now coming to an endInterest rates are set to rise in 2022, with big implications for homeowners, people and businesses with high borrowings, and the trade and investment that keep the global economy moving
Editorial: Ending the flow of ‘free money’ is fraught with riskThe US Federal Reserve is sending out signals that it intends to wind down quantitative easing, but it needs to proceed with caution, for many reasons
Fire or ice? Is the US economy overheating or slowing down? Economists are divided on whether the country faces surging inflation or slowing growth as the rampant Delta variant undermines forecasts
Analysis: Central banking’s brave new worldThe ambition of central bankers once was to ‘be boring’ but they now take on responsibility for policy objectives such as tackling inequality and climate change. Not all onlookers are pleased at this ‘self-defined mission creep’
