Colby Smith is US economics editor. She previously covered US rates, FX and Latin America for the FT's markets team in New York. She has also written for Alphaville. Prior to the FT, she worked at the Economist and Bloomberg.
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US central bank ‘will not hesitate’ to raise interest rates again if necessary, says chair
Officials say they would want to see companies cutting profit margins to be convinced inflation would fall sufficiently
The former Federal Reserve economist on talk of a recession, the battle to tame inflation and the difficulties of forecasting
Officials differ over wider effects of a possible cost increase triggered by spread of Israel-Hamas conflict
Under pressure after a string of damning polls, the US president is resting his hopes for re-election on his personal economic blueprint
Investors say countries will have to get used to higher interest bills as borrowing costs soar
Stocks and bonds rally on hopes that Fed will call time on raising interest rates
Many of the major central banks have decided to hold rates steady, but few officials are yet declaring victory over inflation
Chair Jay Powell says US central bank will proceed ‘carefully’ with any change to monetary policy
Central bank keeps door open to another rate rise in quest to control inflation
Bond-yield surge and Israel-Hamas war cloud decision on whether to tighten monetary policy further
High interest rates have not stopped businesses from hiring or consumers from spending — yet
US central bank says Middle East conflict and war in Ukraine threaten ‘spillovers’ to markets
Jay Powell points to elevated geopolitical tensions posing ‘important risks’ to the global economy
Economists predict transatlantic gap will continue to widen in the coming years
Chicago Fed president says housing costs are a ‘negative surprise’ but trend is still down for prices
Risk of rising oil prices and hit to confidence threaten to undermine this year’s gains
Chancellor reiterates there will be no room for immediate tax cuts in next month’s Autumn Statement
Move marks first enforcement of G7 policy designed to curb flow of petrodollars to Kremlin war chest
Washington ‘constantly’ looking at sanctions policy against Tehran, Hamas and Hizbollah, US Treasury secretary says
Janet Yellen’s comments mark strong show of support for European proposals to access Moscow’s immobilised funds
Fiscal discipline would reduce need to hike interest rates, says senior official
Banks’ exposure to interest rates remaining ‘higher for longer’ a matter of concern for multilateral lender
Keeping borrowing costs elevated for longer than expected would not be ‘unreasonable’, says chief economist
Biden’s plan to revitalise the two institutions is partly aimed at countering China’s growing sway among developing nations
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