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WEATHER ALERT

3 advisories in effect for 3 regions in the area

ADAM POSEN


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Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts

Read full article: Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands.

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Russia's war at 6 months: A global economy in growing danger

Read full article: Russia's war at 6 months: A global economy in growing danger

It's almost six months since Russia invaded Ukraine, and the consequences are posing a devastating threat to the global economy.

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Biden's burdens grow: Sagging global economy adds to US woes

Read full article: Biden's burdens grow: Sagging global economy adds to US woes

President Joe Biden embarks for Asia on Thursday facing a new risk for the economy at home: a global economic slowdown caused by Russia’s invasion of Ukraine and the pandemic shutting down Chinese cities and factories.

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Russia war ends era of globalization that kept inflation low

Read full article: Russia war ends era of globalization that kept inflation low

For decades, the free flow of trade across much of the world allowed the richest nations to enjoy easy access to low-priced goods and supplies.

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Dilemma for Fed chief: High inflation and a surging virus

Read full article: Dilemma for Fed chief: High inflation and a surging virus

Not long ago, anticipation was high that Federal Reserve Chair Jerome Powell might begin to sketch out a plan this week for the Fed to start pulling back on its support for an economy that has been strengthening.

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G20 ministers take up plan to deter cross-border tax dodging

Read full article: G20 ministers take up plan to deter cross-border tax dodging

U.S. President Joe Biden's proposal for a global minimum corporate tax will get another going over at a meeting of top finance officials.

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