Page 15 - Barry Eichengreen News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- The Bank of England will have to keep interest rates high for longer because inflation is unlikely to fade as quickly as it emerged, despite sharp falls in gas and producer prices, Deputy Governor Ben Broadbent said.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealPowell Signals Fed Will Raise Rates If Needed, Keep Them HighAfter 15 Years, a New Private Jet Is America’s Most PopularNYC

The annual gathering of economic minds has some tough questions to consider.

Federal Reserve Chair Jerome Powell leads the speaker line-up with a keynote speech on Friday at 10:05 a.m. New York time.

Across several African countries, there has been a troubling trend of infrastructure being stripped to sell as scrap metal. People have been arrested for ripping out and selling rail sleepers in South Africa and Ghana, pylon and copper wires in Uganda, and streetlamp meters in Liberia. That stripping feels like wanton destruction in countries that so badly need infrastructure, but without jobs or economic opportunities, it is one of the few options available to many poor people. Infrastructure stripping is a particularly stark example of a widespread pattern: that failure to invest in human ca...

The man who would be Labour’s seventh prime minister won’t enjoy being compared to its first. But Keir Starmer has much to learn from Ramsay MacDonald’s story, which isn’t all bad