Given at The Federal Reserve Bank of Kansas 2024 Economic Symposium, Jackson Hole, Wyoming| www.bankofengland.co.uk
This is a big week for the central banks of the major economies. The US Federal Reserve meets on Wednesday to decide on whether to resume its planned series of hikes in its policy rate that sets t…| Michael Roberts Blog
Last week the World Bank issued its latest Global Economic Prospects. The WB economists reckon that the world economy “is stabilising” in 2024, the first time in three years. …| Michael Roberts Blog
Last week’s meltdown in the stock markets of the major economies, which started in the US, reversed this week. But the fall in the US S&P-500 index of the stock prices of the top 500 American c…| Michael Roberts Blog
At yesterday’s end July meeting, the US Federal Reserve Bank held back from cutting its policy interest rate from the current high of 5.25-5.5%. This was despite recognizing that the US econo…| Michael Roberts Blog