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Daniel MossBloomberg |
The several decades through the start of the pandemic had their share of hairy moments, but they have retrospectively acquired a reputation for...
Almost from the moment he was sworn in as Bank of Japan governor, Kazuo Ueda sounded like a guy who wanted to be done with negativity. It just...
Indonesia is the latest country in danger of being tagged with the Japanification label. Not for a battle with deflation, or sluggish growth, and...
Central banks often punch below their weight in the public realm. Yet these institutions can wield huge power and unleash profound consequences. In...
Brazil isn’t the only big emerging market struggling with the dollar’s relentless strength. Indonesia, so often depicted as a rising star and...
This is part of a series of Bloomberg Opinion columns exploring the risks related to the US’s rapidly expanding debt and budget deficit. Other...
As the world of tries to game out the economic impact of Donald Trump’s return to the White House, a top-draw panel in Singapore was posed a...
When the history of this tumultuous week in South Korean politics is written, legislators who demanded the president rescind his declaration of...
South Korea is bracing for bleak days. The strong US ally and technology powerhouse ought to be well positioned for a world that now scrutinizes...
For a role model, New Zealand sure can swing between extremes. Inflation has been conquered, but at significant cost. The nation is facing its...
In the strong-dollar policy’s heyday in the late 1990s, Treasury Secretary Robert Rubin would often be probed for nuance in the doctrine. He was...
Barack Obama made a point of reminding his opponents that elections have consequences. But economic history suggests that some of the most...
John Maynard Keynes, frequently rated the most influential economist of the past century, sought a post-World War II monetary system that...
Even with inflation well and truly on the way down after the most aggressive interest-rate tightening in a generation, central banks are averse to...
Napoleon Bonaparte was renown for preferring his generals be lucky rather than good. It makes sense some of that would rub off on Prabowo Subianto,...
The Federal Reserve doesn’t exactly rule the world, but there are times when it comes close. Only a few brave — or supremely confident — souls...
In little more than a week, China's efforts to crank up its economy have achieved something important: President Xi Jinping changed the...
To Mahathir Mohamad, the dominant political figure in Malaysia for much of the country’s life, currency traders had accrued way too much power....
China’s latest effort to shore up the economy and buttress markets is commendable — all the more so if the follow-up is resolute. In tough times,...
Federal Reserve Chair Jerome Powell is almost a household name. Christine Lagarde, head of the European Central Bank, possesses an undeniable star...
Central bankers strive to be above politics and tend to be wary of legislative changes to their role. Politicians, by contrast, are greatly...
Disappointing economic news is becoming a reliable indicator in China. Another round of monthly reports point to an economy that isn’t falling...
Japan's currency is enjoying an epic rally, heading for the biggest quarterly advance in years. That's quite a shift from a few months ago, when...
After a bruising few years, Asian currencies have suddenly become fashionable again. But this enthusiasm is dependent on words and deeds far away....
Forecasting anything, let alone something as complicated as the economy, is fraught. Stretches of decent growth and low inflation that look, in...
Central bank decisions have become more predictable. Not in Japan. Kazuo Ueda broke one of the cardinal rules of monetary practice with his recent...
After years of common purpose and shared commitment, central bankers are characterized as going their own way. The emphasis on divergence in the...
Capital cities don't just happen. They develop slowly over decades, perhaps centuries, before resembling their creator's dream — if they ever do....
Monetary policy, all going well, isn’t supposed to be a spectator sport. Full of insights and fascinating asides, for sure, but rarely lending...
The achingly slow pace of consumer price increases in China has led to amplified calls to juice the economy, and Beijing has taken some modest...
Three decades ago, economics underwent a revolution that doesn’t get sufficient credit. Instead of shrouding policy shifts in secrecy, central...
For South Korea’s economy, it’s not quite a case of first in, first out. But it could be close: Despite some bullish growth forecasts,...
In finally trimming a key interest rate, China did the bare minimum to display attentiveness to sluggish growth and anemic levels of inflation....