Economics
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
Germany needs tighter fiscal policy, Nagel says
EU Stability and Growth Pact should have stricter fiscal rules, Bundesbank president argues
Monetary policy tops US CFOs’ concerns
Survey finds high rates curtailing spending in 40% of firms
‘Illiquid lemon markets’ can worsen crises – NBER paper
Authors extend George Akerlof’s Nobel prize-winning work to the macroeconomy
OECD says interest rates should stay high ‘until well into 2024’
Report says monetary policy needs to stay tight until underlying inflationary pressures are lowered
FOMC members’ narratives add value to projections, finds paper
Both staff and FOMC members 'projections aid forecasting, refuting Romer and Romer
Canadian official says mortgage rates not big cause of inflation
Kozicki says taking home loans out would make only small dent in core reading
Colombian research offers advice on modelling Covid-19 shock
Pandemic is challenging to model due to its transitory impact, authors say
Critic urges UK to leave China-based lender
Treasury says UK will stay in AIIB as ex-official calls some employees “useful idiots”
IMF and World Bank to go ahead with Marrakech meetings
Leaders say they wish to stand by Morocco after earthquake killed nearly 3,000
Eurozone industrial activity likely to decline, analysts say
French and Spanish increase is unlikely to offset German contractions, observers argue
Former Central Bank of Barbados governor calls for dollarisation
Caricom has failed to integrate the Caribbean, says DeLisle Worrell
Eurozone inflation expectations remain stagnant
Consumers’ 12-month expectations remain unchanged at 3.4%
China to ease mortgage rules and cut banks’ FX reserve ratio
Moves come on top of authorities’ recent support measures for property sector and stock market
PBoC pledges more financial support for private firms
Governor Pan Gongsheng says authorities need to unblock funding channels for private firms