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Daniel MossBloomberg |
Great powers need formidable central banks and remarks from Xi Jinping suggest he considers China’s financial machinery is not quite up to scratch....
Paul O'Neill, a Treasury secretary under George W. Bush, ran into controversy on his first overseas trip when he had the temerity to question the...
Give New Zealand a bit of credit. The nation's economy is small, but often punches well above its weight in monetary policy. First in the world to...
Thailand is racing to both revive — and renovate — the economy, bringing with it profound social changes. Infamous for its role in Asia's...
Gazing down at the bustle of Manila from the upper floors of a skyscraper late one evening, it’s easy to feel like you are near the center of one of...
The gentle upswing in manufacturing should be welcomed rather than scoured for caveats. The good news is that the global economy appears to have...
There’s just no getting past the supremacy of the dollar, much as skeptics of American influence wish for it or lonely yen bulls cry for relief. The...
Malaysia wants to be great again, at least in foreign exchange. The nation's currency recently approached a level seen as near-catastrophic during the...
Japan’s decision to jettison negative interest rates is rich in symbolism. Deflation, which dogged the economy for a generation, has been...
Japan is back, China is over. Only a few years ago, such an assertion would have been dismissed out of hand. The latter was on the road to economic...
Modern economies shouldn't be run by cult figures. The ability of central banks to respond to shifts in prices and employment, as well as combat...
Never mind the legions of imported bankers, engineers, stevedores and nannies. Singapore's attraction for these pillars of a successful hub is well...
Jerome Powell isn’t losing much sleep over China's economic woes, absent a steeper turn south that jeopardizes the robust performance of the US. The...
The Reserve Bank of Australia, once the envy of the world for presiding over a three-decade economic expansion, has hurtled back to earth. The first...
Chip wars wouldn’t faze 17th-century Augustinian monks in the Philippines. The friars and their Spanish patrons might have waved away trendy...
Better late than never. The Bank of Japan is beginning to discover the power of effective communications after some rookie errors during Kazuo...
In the rapidly evolving outlook for interest rates, some things are still sacrosanct. The pace of price increases has slowed significantly, and the...
From villains to heroes. If there's one theme that has dominated markets in the opening days of the year, it's been breathless speculation about which...
When China was busy leapfrogging incumbent industrial giants in the first years of this century, the Federal Reserve was increasingly worried about a...
Pre-pandemic Australia looks like hallowed ground that the contemporary economy will struggle to surpass. For local officials who aspire to take a...
China’s disappointing recovery appears to be suffering another indignity. Neighbors whose economic fortunes were supposed to be tied to the heft of...
To hear it from bulls, the newborn year already belongs to central banks. Reviled not long ago for letting prices surge, Federal Reserve Chair Jerome...
Instead of being 2023’s banner economy, China was relegated to the ranks of the also-rans. Rather than roaring back after the draconian Covid-Zero...
In the final stages of the long boom that was upended by the pandemic, some acclaimed central bank alumni appeared on a stage in Atlanta and canvassed...
New Zealand enjoyed the fame of having the first inflation-targeting central bank so much three decades ago that the new prime minister wants to...
The recession handwringing that has become a big part of life in the US and Europe unfortunately skips over a useful proxy for global growth. South...
A senior Chinese central banker declared this week that he had few worries. President Xi Jinping's modest target of 5% growth, reckoned to be in...
Central bankers Down Under prefer their coffee mugs half full, making this a delicate moment for Michele Bullock to undertake her first interest-rate...
Kazuo Ueda’s mission to dismantle the cumbersome legacy of his predecessor is advancing more rapidly than seemed likely when he took the helm of the...
Goodbye helping hand, hello shock therapy. Central banks in Asia are entertaining muscular tactics to shore up faltering currencies. That means...
If there was any doubt that shoring up the fragile recovery was the primary domestic concern of Xi Jinping, it ought to have been erased by new and...
To hear it from Singapore, the global economy is a glass half full. The central bank's latest assessment skips some of the pessimism that's been a...
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