Economics
China boosts support for economy with new debt issuance
The central government will issue one trillion yuan in bonds in the fourth quarter
Corporate pandemic cash buffer is running low, finds research
The impact of monetary policy could grow as companies’ cash dwindles, Boston Fed paper says
Firms’ pricing power was driver of generalised inflation, paper finds
Supply shocks gave firms cover to raise prices without losing sales, authors find
New Zealand to publish new monthly price data
Central bank says the new data will be valuable for policy-making
Eurozone budget deficit declined in 2022
Government imbalances declined to 3.6% of GDP from 5.2% in 2021
Default fears loom over Country Garden
The Chinese developer reportedly missed a final deadline to repay $15.4 million in interest
Riksbank’s Flodén says inflationary pressures are too high
Weak krona may explain higher price increases, says deputy governor
UK researchers propose 3% inflation target and negative rates
Inflation stalls at 6.7% in September, the same figure as in August
Central banks must brace for another energy shock
Conflict between Israel and Hamas adds to the risk of inflation and recession, says Paul Mortimer-Lee
Book notes: Economists in the cold war, by Alan Bollard
A geographically balanced review of key economists that shaped the world economy
BoE should ‘step up’ data analysis, review says
Independent Evaluation Office urges central bank to embrace cloud and explore AI
Paper explores shifting drivers of Beveridge curve
Authors say job openings and unemployment data are not enough to judge prospects of a soft landing
How did Minneapolis become the first US city with 2% inflation?
Experts from the Minneapolis city government and Federal Reserve Bank stress housing options
Israeli economy and budget will remain resilient, says Yaron
Bank of Israel governor expects inflation will return to target on schedule
Little progress in latest US CPI report
Headline figure was 3.7% in September, unchanged from August, but core inflation fell
Natural disasters can trigger capital flight – Bank of Italy paper
International investors move funds out of EMEs but not advanced economies, researchers say
Paper offers new method for measuring natural rate
Authors say use of natural experiment leads to much smaller errors
EME officials predict volatility from ‘higher for longer’ rates
Fed’s policy set to worsen environment, say officials from Peru, Colombia and South Africa
Mexican inflation slows slightly
Headline inflation remains over target, as analyst warns food and fuel prices could rise
Inflation set to remain high into 2025, IMF warns
Soft landing looks more likely but growth is “limping along”, says Pierre-Olivier Gourinchas
Claudia Goldin wins Nobel Prize for economics
Economist uses history and data analysis to identify drivers of gender inequality
Canadian deputy governor warns of repeating pricing pressures
Vincent argues supply shocks, technology and consolidation may make raising prices easier
Fed leaders split on whether further rate rise is needed
Leaders agree a soft landing is possible but not certain