Page 14 - Barry Eichengreen News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Record levels of government debt, geopolitical tensions that threaten to split the global trading system, and the likely persistence of weak productivity gains may saddle the world with a slow-growth future that stunts development in some countries even before it starts. That sobering view of a post-pandemic global economy emerged from research organized by the Kansas City Federal Reserve and debated here this past weekend. It explored issues like the outlook for technological innovation, public debt, and the state of international trade at a time when the Russian invasion of Ukraine and con...

According to European Central Bank president Christine Lagarde, “in this age of shifts and breaks … we do not yet know whether we are returning to the old world or entering a new one.”

 BERKELEY — US President Joe Biden and his team get little credit for their management of the American economy. Aware that the 2024 presidential election, like most, will turn on economic conditions, or perceptions of economic conditions, the president has taken to the hustings, repeating his mantra that “Bidenomics is working.” But while Bidenomics may be working, the message

Countries are now in a more fragile environment and they've used a lot of their fiscal resources to deal with a pandemic

Global upheaval is unleashing persistent price pressures that present new challenges, economists told the annual Jackson Hole gathering.