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The Fed’s remarkable feat

Monetary-policy watchers are currently divided into two groups. But perhaps both sides should pause and reflect on where we were 18 months ago and where we are now. On one side of the divide are those ...More

EJ Insight2024-01-09

聯儲局非凡壯舉

目前貨幣政策觀察家可以分為兩類。但也許雙方都應該停下來反思一下,我們18個月前和現在的情況。 一邊是我們這些人 ...全文

名家論壇Project Syndicate2024年01月04日

美經濟軟着陸 鮑威爾非凡壯舉

目前貨幣政策觀察家可以分為兩類,但雙方也許應該停下來,反思一下18個之月前和現在的情況。 第一類是我們這些人, ...全文

今日信報理財投資博集先機J.Bradford DeLong2024年01月01日

The growing risk of global disorder

The Western-led global economic order had a bad 2023. Surprisingly, the primary cause was not the emergence of an alternative order led by China, as some had anticipated. Instead, it was internal stre ...More

EJ Insight2023-12-19

Finding growth in a fractured world

For decades, China set a shining example of how to capitalize on globalization to accelerate domestic economic growth and development. These days, however, the country risks becoming a cautionary tale ...More

EJ Insight2023-07-24

Why the Fed is hard to predict

One might think that predicting the US Federal Reserve’s next policy moves would become easier now that it has already hiked interest rates ten consecutive times, for a total of five percentage points ...More

EJ Insight2023-06-02

The Fed’s credibility problem

Reacting to Silicon Valley Bank’s sudden collapse, André Esteves, a senior Brazilian banking executive, recently told Bloomberg that “SVB’s interest rate risk would’ve been obvious to any banking inte ...More

EJ Insight2023-04-06

Another annus horribilis for the Fed

On the 40th anniversary of her accession to the throne, Queen Elizabeth II remarked that, “1992 is not a year on which I shall look back with undiluted pleasure. In the words of one of my more sympath ...More

EJ Insight2022-12-20

UK: How to reset after the shock

The United Kingdom has had a sobering ten days, with its economy, financial system, and citizens’ well-being suddenly at risk. But with rapid and coordinated action, policymakers can still salvage the ...More

EJ Insight2022-10-03

The cost of the Fed’s challenged credibility

Financial markets’ reaction to the US Federal Reserve’s latest policy move was reminiscent more of developing countries than of the world’s most powerful economy. Given that the Fed is the world’s mos ...More

EJ Insight2022-09-29

目前對俄制裁體制的缺陷

歐美已經對俄羅斯這個G20國家(入侵烏克蘭前還是世界第11大經濟體),實施了5個月的嚴厲經濟和金融制裁。雖然制 ...全文

名家論壇Project Syndicate2022年08月04日

現行對俄制裁體制的缺陷

歐美已經對俄羅斯這個G20國家實施了5個月的嚴厲經濟和金融制裁。雖然制裁在近幾個月間逐漸加碼,但圍繞其有效性、 ...全文

今日信報時事評論埃利安2022年07月28日

The problem with the current Russia sanctions regime

It has been five months since Europe and the United States imposed tough economic and financial sanctions on Russia, a G20 country that was the world’s eleventh-largest economy on the eve of its invas ...More

EJ Insight2022-07-22

沙地再成搖擺產油國—但這次會持續多久?

中國需求的上下變化,助長了今年國際油價的波動。但供給側的最新事態演變,將產生遠超石油市場之外的直接地緣政治和金 ...全文

名家論壇Project Syndicate2022年06月24日

提防一個遍地火苗的全球經濟

那些對全球經濟的巨大衝擊——如俄羅斯入侵烏克蘭——順理成章地吸引了最多的注意,但是一種新的世界性「遍地火苗」模 ...全文

名家論壇Project Syndicate2022年06月06日

Don’t bet on a soft landing

In 2021, the big debate about the outlook for the global economy focused on whether the rising inflation in the United States and other advanced economies was transitory or persistent. Key central ban ...More

EJ Insight2022-06-01

小麥戰爭完美風暴

全球最大小麥出口國俄羅斯與第五大出口國烏克蘭戰火正酣,同時第二大出口國美國「千年不遇」乾旱致嚴重失收,作為第二 ...全文

今日信報財經新聞新聞點評高天佑2022年05月18日

Beware a global economy with little fires everywhere

Big shocks to the global economy, such as Russia’s invasion of Ukraine, understandably capture the most attention. But a new worldwide pattern of “little fires everywhere” may be equally consequential ...More

EJ Insight2022-05-16

增長引擎正顯現問題

國際貨幣基金組織修訂後的《世界經濟展望》令人警醒。該組織是極少在一年首個季度,便大幅調低經濟增長預測,而目前它 ...全文

名家論壇Project Syndicate2022年05月05日

The growth engines are sputtering

The International Monetary Fund’s revised World Economic Outlook (WEO) is sobering. It is rare for the organization to revise down sharply its projections for economic growth just one quarter into the ...More

EJ Insight2022-04-26

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