Central Banks May Stoke Risks by Raising Interest Rates Together
Central banks around the world are raising their key interest rates in the most widespread tightening of monetary policy on...
Commentaries/Opinions
A Slowing China Helps Rein In Inflation Around the World
A global slowdown, in particular in China, is taking the edge off inflation pressures, especially for key imports and commodities.Global...
Recession Probability Soars as Inflation Worsens
Economists surveyed by The Wall Street Journal have dramatically raised the probability of recession, now putting it at 44% in...
‘Friend-Shoring’ Might Be Bad for Global Growth, Inflation
As geopolitical tensions rise, Western governments have urged international companies to shift more business to friendly countries. Some critics think...
When Quitting Normalizes, Benefit to Low-Wage Workers May Subside
Low-wage workers capitalized on the rare opportunity of a tight labor market with a burst of job-switching. That wave shows...
Economists Seek Recession Clues in the Yield Curve
As yields on two-year Treasury notes this week moved above yields on 10-year notes, Wall Street analysts sent up warning...
Capital Spending Boom Helps Raise Productivity, Contain Costs
American businesses are ramping up technology investment and other capital spending as they emerge from the pandemic. If sustained, that...
Fiscal Stimulus Is Turning Into a Fiscal Drag, in a Big Headwind for Growth
The federal pandemic support that helped propel the economy to blistering growth last year and put upward pressure on inflation...
China’s Slowdown to Limit Global Growth but Not Undermine World Economy
HONG KONG—A prolonged slowdown in China’s economic growth could hurt some multinational companies and commodity producers for years to come,...
Germany’s Vast Foreign Surpluses Are Finally Falling, Fulfilling an Old U.S. Demand
FRANKFURT—After years of digging in its heels, Germany is on track to reduce its giant foreign surpluses, a potential boon...
Supply-Chain Bottlenecks, Elevated Inflation to Last Well Into Next Year, Survey Finds
Uncomfortably high inflation will grip the U.S. economy well into 2022, as constrained supply chains keep upward pressure on prices...
U.S. Economy Likely to Outgrow China’s Due to Contrast in Pandemic Responses
The U.S. and China are trading places in the economic growth race. U.S. gross domestic product rose 12.2% in the...
U.S. Set to Push Global Economy Over the Recovery Line
The U.S. economy likely returned to its late-2019 size during the three months through June, helping to lift global output...
How China Is Helping to Damp Global Inflation
HONG KONG—As China’s factory-gate prices soared this year, investors worried the country would become a new source of inflation for...
