Eurozone Unemployment Held Steady in April
The eurozone’s unemployment rate remained unchanged in April, demonstrating resilience despite heightened economic uncertainty stemming from the war in Iran.
Economics
Eurozone Household Inflation Expectations Steady, But at High Level
Inflation expectations steadied in April, but at a level that was much higher than before the war in the Middle
China Steps Up Restrictions Over Outbound Investments
China is tightening scrutiny of outbound capital flows after forcing the unwinding of the Meta-Manus deal, as authorities seek to
China Private Factory Activity Gauge Indicates Slower Expansion in May
A private gauge showed China’s manufacturing activity expanded at a slower pace in May, marking a sixth straight month of
Accepting an award for political courage, former Federal Reserve Chair Jerome Powell hinted at why he broke with convention to keep his board seat
Accepting an award for political courage, the Fed governor hinted at why he broke with convention to keep his board
American capitalism is at a crossroads, facing three key questions about what direction it should take. Which paths offer the greatest opportunities?
The path forward offers historic opportunity, marked by continuing innovation and prosperity. But it is also filled with potholes and
Incoming Fed Chairman Kevin Warsh wants the central bank to consider alternative measures of inflation when setting monetary policy—some of which show price pressures actually are much lower
To measure underlying inflation, the new chairman has urged the central bank to look at alternatives to its standard gauge.
What I’ve been reading
I am in the middle of How to Win a Trade War by Soumaya Keynes and Chad Bown. It is
Economics
China’s manufacturing activity stayed flat in May after expanding for two straight months, reflecting the pressure from rising energy costs since the Middle East conflict began
China’s manufacturing activity stayed flat in May after expanding for two straight months, reflecting the pressure from rising energy costs
Week Ahead for FX, Bonds: U.S. Jobs, ISM Data in Focus
U.S. jobs data and ISM surveys on manufacturing and services activity will be in focus as investors assess the outlook