Bitcoin’s bounceback déjà vu
The buy-and-hold case for crypto remains largely a fiction
The buy-and-hold case for crypto remains largely a fiction
The number of openings fell to 8.7 million from 9.3 million in September, the Labor Department said, a sign of continued cooling in the labor market.
The Labour leader Keir Starmer has warned that if his party wins the next UK general election, he will not be able to “turn on the spending taps”. Speaking at a thinktank event focused on the stagnation of the UK economy, he said the country was “in a hole” after 13 years of Conservative rule.
Frederic Legrand - COMEO/ShutterstockElon Musk’s recent endorsement of an antisemitic conspiracy theory on X (formerly Twitter) is the latest in a series of controversial statements the owner of the social media platform has made si
We estimate spillovers from US monetary policy for different measures in the Federal Reserve’s toolkit. We make use of novel measures of exogenous variation in conventional rate policy, forward guidance and large-scale asset purchases (LSAPs) based on high-frequency asset-price surprises around Federal Open Market Committee meetings. The identification relies on relatively weak assumptions and accounts for the possible presence of residual endogenous components—such as central bank information effects—in these monetary policy surprises.
This paper estimates a fiscal reaction function (FRF) framework for euro area countries to test for the impact of changes in inflation on fiscal policy. We find evidence of non-linear short-term effects of HICP inflation on the primary balance after controlling for other relevant factors.
We estimate spillovers from US monetary policy for different measures in the Federal Reserve’s toolkit. We make use of novel measures of exogenous variation in conventional rate policy, forward guidance and large-scale asset purchases (LSAPs) based on high-frequency asset-price surprises around Federal Open Market Committee meetings. The identification relies on relatively weak assumptions and accounts for the possible presence of residual endogenous components—such as central bank information effects—in these monetary policy surprises.
This paper estimates a fiscal reaction function (FRF) framework for euro area countries to test for the impact of changes in inflation on fiscal policy. We find evidence of non-linear short-term effects of HICP inflation on the primary balance after controlling for other relevant factors.
When it comes to Greek house prices, there’s good news and there’s bad news. On the one hand, some read the recent rebound in property values almost to pre-crisis levels as a sign that the Greek economy is returning to normality after the decade-long financial crisis.
The 11 MPs who quit SYRIZA over the past few weeks unveiled the name and logo of their new parliamentary group yesterday, just as the leader of their former party, Stefanos Kasselakis, suggested that the opposition grouping is aiming to come first in next year’s European Parliament elections.