1+ hour, 59+ min ago  (1012+ words) TOKYO — Bank of Korea Governor Shin Hyun-song ended a three-and-a-half-year rate freeze on Thursday, lifting the policy rate 25 basis points to 2.75% — the BOK’s first tightening move since January 2023. The timing makes this more than a routine adjustment. Shin appears to…...

6+ hour, 19+ min ago  (1034+ words) The US economy is continuing to grow faster and generate more new jobs than Europe. Annual national income growth over the past five years has averaged 3.3% in the US against 2.6% in the EU. In the first quarter of 2026, the EU’s…...

2+ day, 59+ min ago  (775+ words) Global inflation has been climbing back for months. India’s June print — 4.38%, up from 3.93% in May and above every forecast — isn’t a shock out of nowhere. It’s the sharpest data point yet in a trend that started well before this week’s…...

5+ day, 22+ hour ago  (790+ words) For over three decades, the standard playbook for taming inflation has remained virtually unchanged. Faced with surging prices, central banks invariably resort to hiking interest rates. The ripple effects are swift: demand cools, consumption slows and inflationary pressures gradually recede....

3+ week, 5+ hour ago  (841+ words) Afghanistan finds itself in a complex and dire economic predicament. Nearly five years after the Taliban returned to power, the South Asian nation continues to struggle with deep-rooted domestic structural challenges that coincide with persistent regional geopolitical constraints. While discussions…...

1+ mon, 45+ min ago  (1398+ words) TOKYO – Only in Japan can a central bank on its fifth rate hike in two years still be accused of pulling its punches. Yet here is the Group of Seven’s most predictable monetary institution as 2026 unfolds. That context explains Tuesday’s…...

1+ mon, 4+ day ago  (808+ words) The Federal Reserve is under new leadership. Kevin Warsh, Donald Trump’s appointee to succeed Jerome Powell as chair, was confirmed by the Senate on May 13. He will preside over his first meeting of the Fed’s interest-rate-setting Federal Open Market Committee…...

1+ mon, 2+ week ago  (1732+ words) For a quarter-century, the price of computer software and accessories fell by roughly 5% annually. It was the modern economy’s most reliable disinflationary anchor. In late 2025, that anchor snapped. Last week, a technical note by three US Federal Reserve economists, including…...

1+ mon, 2+ week ago  (1438+ words) Speaking on Wednesday (May 27), Bank of Japan Governor Kazuo Ueda cautioned that central banks must prevent this year’s oil‑driven inflation surge from hardening into a lasting global problem. “If inflation expectations are already high and wages are accelerating, the…...

1+ mon, 3+ week ago  (146+ words) Asia Times Japan faces a long, hot summer of inflation and tighteningScott Foster reports that Japan is entering a difficult period of inflation, rising bond yields and monetary tightening as the Iran war drives energy disruptions, forcing Sanae Takaichi’s government…...