The curious case of the 2% inflation target and why most central banks won’t let it go.
Data & financial journalist covering global economics and policy
The curious case of the 2% inflation target and why most central banks won’t let it go.
The cost of borrowing is already choking crucial public spending across many developing economies. But now it is triggering wider concerns.
The country once mocked for fiscal collapse may soon look more disciplined than the world’s largest economy.
As the U.S. national debt approaches $39 trillion, foreign investors play a key role…. though ownership is concentrated among a few countries.