JPMorgan Chase CEO Jamie Dimon is worried about the possibility of “stagflation,” which is a period of slow economic growth, high unemployment, and high inflation. He mentioned the term at …
The most immediate threat is another recession. The 2.1 per cent contraction in the July-September period year on year comes as China’s economy slows and elevated US bond yields send …
For some time now, the world’s leading central banks have had a credibility problem. Having insisted that the surge in inflation stemming from the Covid-19 pandemic was temporary, policymakers fell …