Over the last couple of weeks, AI risk seems to have gone mainstream. Social media was set abuzz when some current and former Anthropic employees noted that they genuinely believed that there was a re...

This week the Fed hiked rates. This was hardly unexpected given that inflation remains above target, that growth looks solid, and that continuing inflationary pressures are very apparent. In such circ...

In anticipation of today’s FOMC press conference, the FTxBooth US Macroeconomists Survey panel explores the possible next steps the Fed could take. The summary results are below and you can read the F...

Possibly the single best purchase your British-based columnist has ever made was buying a portable air conditioning unit around three years and a half ago. It was not cheap to buy, nor is it cheap to ...

On one level the much-anticipated speech of Fed Chairman Kevin Warsh at the Jackson Hole conference was not especially surprising. The key message, after all, was that with inflation remaining elevate...

Ahead of the Jackson Hole Economic Policy Symposium, this snap poll of the FTxBooth US Macroeconomists Survey panel discusses the first few months of Kevin Warsh’s term as Fed Chairman. The summary re...

Voters, as they have made clear over the last few years, hate inflation. And to most of the general public, it appears that ‘inflation’ does not just mean the pace of year on year prices rises but som...

NY Fed explores how clearing reforms, payment innovations, and blockchain technology will impact market liquidity and policy.

Despite widespread predictions of increased unemployment, experts are uncertain how and where jobs will be affected.

One consequence of the more tumultuous geopolitical environment of the 2020s has been a material rise in global defense spending, and one that looks set to continue.

There is a well-rehearsed choreography to Yen interventions. It usually starts with ‘sources close to the Ministry of Finance’ letting it be known that they are unhappy with the current level of the Y...

A couple of weeks ago, this column reported on a Finance Experts Panel poll on the Fed’s new communications strategy. Or, as it might be termed, anti-communications strategy. Kevin Warsh, the new Chai...

The Fed has a larger balance sheet than was once the case. Dramatically so, as the chart below makes clear.

The Fed has a new chair and, it would seem, one with a very different approach to his predecessors. While much of the attention has, understandably, been focused on the traditional question of how haw...

To mark the tenth anniversary of the United Kingdom voting to leave the European Union, the Clark Center’s US and European Economic Experts Panels recently looked – once again – at the vexed issue of ...

Earlier this month, the European Union unveiled its rather unimaginatively named European Technological Sovereignty Package. One imagines that had this been a proposal emanating from the US Congress, ...

This installment of the FTxBooth US Macroeconomists Survey discusses the likelihood of the Fed raising rates to address inflation as well as Kevin Warsh’s start as Fed Chair. The summary results are b...

Towards the end of last month, the US Citizenship and Immigration Services issued a policy memo which, in their words, ‘reiterated’ ' long-standing immigration law and immigration court decisions’ abo...

Over the last couple of weeks, your columnist’s inbox has been filling up each morning with emails about the imminent listing of SpaceX. About two-thirds of those emails have been newsletters from var...

This European survey examines (a) Over the past 25 years, the income of the median European citizen has declined substantially relative to the income of the median American citizen; (b) The living sta...

By many conventional measures, the economy of the United States has been outperforming that of Europe for well over a decade.A simple look at the IMF’s data on GDP growth shows that the US growth has ...

Draft legislation, currently before Congress, proposes to award people prepared to give up a kidney – for a stranger – a $50,000 tax credit. As one recent summary explains:About 10,000 people die each...