US Economy

Joe Biden’s public spending revolution eats itself
US Economy

Joe Biden’s public spending revolution eats itself

The US president’s flood of free money was going to save America. Now, the country is drowning, says Matthew Lynn.
7 Nov 2021
The Federal Reserve is printing less money – so why have markets hit record levels?
US Economy

The Federal Reserve is printing less money – so why have markets hit record levels?

America’s central bank has started “tapering” – cutting back on its quantitative easing programme. But instead of markets falling, they’re hitting rec…
4 Nov 2021
Why fed-up workers are quitting their jobs
Economy

Why fed-up workers are quitting their jobs

Workers are leaving their jobs at an astonishing rate, especially in the US, leading to a shortage of workers. What will that mean for our economies? …
22 Oct 2021
Why the world’s most important economic data release has unnerved markets
US Economy

Why the world’s most important economic data release has unnerved markets

The US added only 194,000 jobs in September, far shorter than the 500,000 that were expected. John Stepek explains why markets didn't react as they no…
11 Oct 2021
What is the US “debt ceiling” and what happens if it is not raised?
US Economy

What is the US “debt ceiling” and what happens if it is not raised?

The US government has hit its self-imposed spending limit. Unless that limit is raised, the government will run out of money. Saloni Sardana explains …
30 Sep 2021
The US Federal Reserve is about to rein in its money-printing – what does that mean for markets?
US Economy

The US Federal Reserve is about to rein in its money-printing – what does that mean for markets?

America’s central bank is talking surprisingly tough about tightening monetary policy. And it’s not the only one. John Stepek looks at what it all mea…
23 Sep 2021
Should investors be worried about stagflation?
US Economy

Should investors be worried about stagflation?

The latest US employment data has raised the ugly spectre of “stagflation” – weak growth and high inflation. John Stepek looks at what’s going on and …
6 Sep 2021
So much for the taper tantrum
Government bonds

So much for the taper tantrum

Rather than throwing a tantrum at the prospect of a cut in US monetary stimulus, as confirmed by US Federal Reserve chairman Jerome Powell, investors …
3 Sep 2021
Will Jerome Powell lay out a tapering timetable today? Probably not
US Economy

Will Jerome Powell lay out a tapering timetable today? Probably not

Investors will be looking for clues on the future of US monetary policy at the Jackson Hole Event today. John Stepek breaks down what investors can ex…
27 Aug 2021
Is inflation here to stay?
Inflation

Is inflation here to stay?

A new paper suggests that unless workers gain more bargaining power, inflation won’t be sustained.
23 Aug 2021
America’s red-hot housing market
Property

America’s red-hot housing market

US house prices soared by 16.6% in the year to May, and the rally looks like it will keep on going.
20 Aug 2021
The US jobs market is booming – but what does that mean for markets?
US Economy

The US jobs market is booming – but what does that mean for markets?

The US economy added almost one million jobs in July. John Stepek explains what the spectacular report means for markets and the future of US monetary…
9 Aug 2021
Inflation threatens the US earnings boom
US stockmarkets

Inflation threatens the US earnings boom

America's Big Tech companies reported unexpectedly good second-quarter earnings. But investors are worried that the pandemic sales boom will falter as…
6 Aug 2021
Brian Pellegrini: why America isn't going back to work
Economy

Brian Pellegrini: why America isn't going back to work

Brian Pellegrini, founder of Intertemporal Economics, talks to Merryn about the post pandemic economy; why Americans aren't returning to work; plus in…
22 Jul 2021
US inflation spiked in June. Can this really still be transitory?
US Economy

US inflation spiked in June. Can this really still be transitory?

US inflation spiked unexpectedly in June, raising the prospect that this isn't just a transitory post-pandemic phenomenon. Saloni Sardana looks behind…
13 Jul 2021
Here’s why investors were happy with Friday’s US employment data
US Economy

Here’s why investors were happy with Friday’s US employment data

The US economy added 850,000 jobs in June, beating expectations. John Stepek breaks down why inflation expectations fell after the report despite the …
5 Jul 2021
“Zombie companies” may do little harm to the US economy
US Economy

“Zombie companies” may do little harm to the US economy

Fears that the US is being overrun by corporate zombies may be exaggerated.
2 Jul 2021
The Federal Reserve will deliver a volatile summer for markets
US stockmarkets

The Federal Reserve will deliver a volatile summer for markets

America's central bank has hinted that it expects to raise interest rates twice in 2023, sending send markets into a spin. There's more volatility to …
25 Jun 2021
The Fed springs a surprise on investors – are there more to come?
US Economy

The Fed springs a surprise on investors – are there more to come?

The US Federal Reserve has turned more aggressive than expected on inflation, driving fears of an early interest-rate rise. John Stepek looks at what …
17 Jun 2021
Will the Federal Reserve give markets a shock this week?
US Economy

Will the Federal Reserve give markets a shock this week?

With US inflation coming in higher than expected, markets are nervously awaiting the Federal Reserve’s response. John Stepek looks at what’s likely to…
14 Jun 2021
US inflation is rising faster than anyone expected – but markets aren’t worried yet
Inflation

US inflation is rising faster than anyone expected – but markets aren’t worried yet

US inflation is at its highest in nearly 30 years. But markets are unfazed, banking on it being just a temporary blip. John Stepek isn’t so sure. Here…
11 Jun 2021
Why markets don’t really mind weak US employment data
US Economy

Why markets don’t really mind weak US employment data

The latest US employment data was worse than expected. And while the dollar took a knock, the stockmarket rallied. John Stepek explains why markets ar…
7 Jun 2021
What Biden’s blockbuster budget means for inflation
US Economy

What Biden’s blockbuster budget means for inflation

US president Joe Biden announced a $6 trillion budget last week. Saloni Sardana explains why this will add to inflation fears.
3 Jun 2021
The real problem of Universal Basic Income (UBI)
US Economy

The real problem of Universal Basic Income (UBI)

April employment numbers showed 75 per cent fewer people in the US returned to employment compared to expectations. Merryn Somerset-Webb explains how …
1 Jun 2021