Christopher Waller, Gouverneur der US-Notenbank, während einer Fed Listens-Veranstaltung in Washington, DC, am Freitag, 23. September 2022. Al Drago | Bloomberg | Getty Images Der Gouverneur der US-Notenbank, Christopher Waller, sagte am Donnerstag, er müsse weitere Beweise dafür sehen, dass sich die Inflation abkühle, bevor er bereit sei, Zinssenkungen zu unterstützen. In einer politischen Rede…
Die Biden-Regierung und europäische Verbündete bezeichnen den russischen Präsidenten Wladimir V. Putin als Tyrannen und Kriegsverbrecher. Aber er genießt eine ständige Einladung in die Hallen der Macht in Brasilien. Der Präsident Brasiliens sagt, dass sowohl die Ukraine als auch Russland für den Krieg verantwortlich seien, der mit der Invasion des russischen Militärs begann. Und die…
Turkish flag over a DenizBank building. Turkey is expected to go to the polls on Sunday. Ismail Ferdous | Bloomberg | Getty Images Turkey’s central bank kept its key interest rate at 45% on Thursday even as inflation rose sharply after eight consecutive months of rate hikes. The move was widely expected since the bank…
After the Houthi militia began attacking container ships in the Red Sea last year, the cost of transporting goods from Asia rose by over 300 percent, raising fears that disruptions to supply chains could once again rattle the global economy. The Iran-backed Houthis, who control northern Yemen, continue to threaten ships, forcing many to take…
“No society can be fully understood without the locations of its members.” I have this quote (from “Crabgrass Frontier,” the seminal history of the American suburbs) pinned to a wall behind my desk. It sums up why I love covering housing for The New York Times, and I never seem to run out of things…
Federal Reserve officials welcomed a recent slowdown in inflation at their last meeting in late January but wanted to tread cautiously as they move toward rate cuts, according to minutes from that meeting released Wednesday. Central bankers raised interest rates sharply from March 2022 to July 2023, pushing them from a base near zero to…
Robert Habeck, Federal Minister for Economic Affairs and Climate Protection and Vice Chancellor, pictured during the weekly cabinet meeting on February 21, 2024 in Berlin. Florian Gärtner | Photo library | Getty Images Germany’s gross domestic product is expected to grow by just 0.2% this year as the country finds itself in “difficult waters,” Federal…
The last time the American economy posted surprising growth figures amid rapid wage increases and moderate inflation, Ace of Base and All-4-One topped the Billboard charts and denim overalls were in style. Thirty years ago, Federal Reserve officials debated vigorously whether the economy could continue to grow at such a strong rate without causing a…
An Israeli national flag over products for sale at the Carmel market in Tel Aviv, Israel, on November 7, 2023. Bloomberg | Bloomberg | Getty Images According to official figures, Israel’s gross domestic product contracted by almost 20% in the fourth quarter of 2023. The decline was significantly larger than expected, with analysts predicting a…
Few prices are as visible to Americans as the prices they find in the supermarket or at the drive-thru checkout. That’s why two years of rapid food inflation have been a major strain on U.S. households and the Biden administration. Shoppers have been slow to regain confidence in the economy as they pay more to…
