Move to lower borrowing costs concerned many policymakers as inflation and wages moved in opposite direction
The post-pandemic spending surge appears to be over
There is still too much we do not know about what happened and why
Minutes of June meeting showed some officials were concerned about effect of high rates on job market
Consumer prices increase 71.6% in June in sign that Ankara’s pivot away from unconventional monetary policy is working
Also in this newsletter: why von der Leyen is glued to her phone at the moment
Shifting weather patterns are reducing crop yields and squeezing supplies, creating what could become a permanent source of inflation
The BIS says ‘smart’ but the evidence is patchy
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
Lower rises in energy and fresh food costs are offset by persistently high services prices
British Retail Consortium says next prime minister will benefit from supermarkets’ effort to keep costs down
Umbrella body for central banks highlights risk of flare-up in services prices and wage growth
Markets continue to bet on prospect of interest rate cuts from US central bank by end of 2024
Also in this newsletter: UK growth revised upwards, France readies for election, science round-up
When a measure becomes a target . . .
And more on deficits and stocks
Policy like it’s 1999
Presidential rivals’ protectionist plans will also pile pressure on struggling logistics sector
Eastward expansion of 20-country currency bloc suffers setback
Michelle Bowman says immigration and heavy federal spending threaten to undo progress on inflation
Market Questions is the FT’s guide to the week ahead
Food sales contract as inflation takes a bite out of consumers’ wallets
MPC deals blow to Rishi Sunak but leaves door open to post-election cut
Senior PT figures file lawsuit against Roberto Campos Neto over alleged political bias
Rishi Sunak hails ‘very good news’ but markets dial back bets on rate cuts owing to services price pressures
UK Edition