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Central banks need to "get the job done" when it comes to getting inflation back under control, the Bank for International Settlements has said, urging them to avoid the mistakes of the 1970's by declaring victory too early.
Investors need to be ready for renewed global central-bank aggression should the inflation environment require it, according to a senior Bank for International Settlements official.
The headwinds for US equities are set to increase even further in March, with stocks coming under pressure from faltering earnings and high valuations, according to Morgan Stanley strategists.
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email [email protected] to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/0c35d878-56c4-4fc2-bb66-979f1247c7ec The recent surge in tech stocks has true believers buzzing that the downturn of late last year is over and the boom of the past decade is back. But the opposite case is more likely. This surge had all the hallmarks of an echo bubble — a brief rebound of the kind that has punctuated the long decline of every major bubble in the past century.
China accused the United States of "endangering" peace and stability in the Taiwan Strait after a U.S. military plane flew through the sensitive waterway on Monday, with the U.S. Navy responding that it had been in international airspace.
China has not moved toward providing lethal aid that would help Russia in its invasion of Ukraine and the United States has made clear behind closed doors that such a move would have serious consequences, White House national security adviser Jake Sullivan said on Sunday.
    S.O.S for the U.S. Electric Grid: WSJ
Feb 27, 2023 - 05:48:40 PST
PJM Interconnection sounds the latest alarm that fossil-fuel plants are shutting down without adequate replacement power. The political class yawns.
    How the Fed Opened Pandora’s Box: NYT
Feb 27, 2023 - 05:47:09 PST
Jerome H. Powell’s no-holds-barred response to the pandemic was made possible by history. It raises questions about the future.
A cohort of Wall Street’s emerging-market bulls is growing wary of calling a new dawn for riskier assets, opting for a more cautious approach to developing-nation currencies.
The record-breaking global bond market rally since the start of this year has fizzled out as mounting signs of persistent inflation force investors to reverse their views on the likely future path of interest rate rises.
Beijing has sought to cast itself as an advocate for peace in Ukraine, but has shown little willingness to distance itself from Moscow’s positions.
    Biden Expands the War Against Russia
Feb 27, 2023 - 05:37:22 PST
Joe Biden must think that he’s the world’s Rich Uncle. In a meeting with the so-called Bucharest Nine today he promised these former Warsaw Pact nations – which should never have been admitted to NATO in the first place – unlimited economic and military support.
The prospect of China arming Russia has alarmed the Biden administration, which believes Beijing has the ability to transform the war’s trajectory.
Disagreements hobbled prospects for progress on crucial debt restructuring talks held on the sidelines of the G-20 finance chiefs meeting, highlighting the risks to poorer nations that are under severe financial stress.
Central banks globally must remain vigilant until inflation is firmly under control, according to International Monetary Fund Managing Director Kristalina Georgieva.
    Americans in Their 30s Are Piling On Debt
Feb 27, 2023 - 05:27:16 PST
The overall burden is up 27% since before the pandemic, more than for any other age group.
    Global Markets Get Respite From Pause in Dollar Rally
Feb 27, 2023 - 05:24:06 PST
Global shares rose on Monday, but skimmed six-week lows, after another round of data last week forced investors to prepare for higher interest rates in the United States and Europe and there could be more figures to underpin that argument this week.
The markets basically shrugged off the hotter-than-expected inflation data for January. Most people remain convinced that the Fed can easily get price inflation back to 2% without wrecking the economy. But in his podcast, Peter explains that stuffing that inflation genie back into the bottle is a lot harder than most people seem to think.
There is a troubling trend taking place in the North East Electric Grid Americans should be concerned about, but the West Coast is currently facing Big Problems as energy prices continue to surge higher.  Also, with the recent selloff in the precious metals, what's next...
    Gold’s Safe Haven Status Could Come Into Play in 2023
Feb 24, 2023 - 12:57:23 PST
Juan Carlos Artigas of the WGC discusses why and how gold remains a relevant asset during economic recessions.