This Month
Stanley Fischer, who spread the macroeconomic gospel, dies at 81
Dispatched on several occasions to extinguish emergencies around the world, the esteemed economist drew academic lessons from his experience with countries in crisis.
April
Can Trump fire Powell before his term ends?
Any prospect that the Fed chair could be sacked over a policy like lower interest rates would likely tank financial markets.
Yellen and Hockey ride out Trump tariffs at Cafe Sydney
The former US treasury secretary was spotted lunching in Sydney as tariff news roiled global markets.
March
Supermarkets hit back; Yellen slams Musk; Viktor Shvets’ Trump tips
Read everything that’s happened in the news so far today.
If Musk aims to save trillions, he’s doing it wrong: Yellen
America’s former Treasury secretary Janet Yellen speaks candidly about Trump, getting DOGED, choosing economics and why she’s an inveterate planner.
December 2024
South Korea’s Yoon seeks to fight on as inquiries mount
The president is battling to stay in his role after his brief declaration of martial law last week stunned the nation and its allies.
November 2024
US Treasury boss Yellen pressed Chalmers on tax stand-off
Australia is refusing to sign up to a key part of global efforts to make multinational companies pay their fair share of tax.
October 2024
Australia fails on inflation as US wins on growth
The IMF has reinforced America’s economic exceptionalism despite the poisonous politics on spectacular show. Australia is exceptional for another reason – its lagging performance on controlling inflation.
Yellen takes aim at Trump for making ‘world worse off’
The US Treasury Secretary offered barely veiled criticism of Donald Trump’s economic policy, saying the Biden administration had restored US growth.
IMF, World Bank meetings clouded by wars, economy, US election
The elephant in the room will be the potential for an election victory by Donald Trump to upend the international economic system with massive new US tariffs.
September 2024
Trump, Harris vie for political edge from Fed rate cut
The candidates’ duelling narratives underscore the extent to which the economy and interest rates have rapidly become a focal point in the presidential race.
July 2024
Kamalanomics: Harris’ economic vision for America’s middle class
The Democratic campaign will challenge Donald Trump’s claims to represent working people and secure Joe Biden’s legacy.
China insists the world needs more EVs despite looming trade war
Beijing says Chinese manufacturers are helping the world fight climate change, rejecting US and European criticism of flooding the market with cheap cars.
June 2024
Global tax war fears as landmark deal set to fail
Champions of digital taxes have started taking unilateral steps after losing faith in the OECD-backed treaty to overhaul taxation of multinationals.
May 2024
G7 finance chiefs back Russian assets plan for Ukraine
The G7 ministers also warned against China’s dumping of cheap exports into their markets, although no concrete actions were decided against China.
‘China is run by engineers, US by political lawyers’: Tech pioneer’s warning
As senior exec at AOL and Sun, William Raduchel spent 60 years at the forefront of the tech revolution - and once dated Janet Yellen. Here’s what he’s learnt.
Why Australia’s long-suffering renters are not alone
Rents are soaring not only in Australia but also in the US, UK and Canada, preventing inflation from declining closer to central banks’ targeted levels.
Yellen counsels caution on currency intervention after surge in yen
The US treasury secretary said ‘we would expect these interventions to be rare and consultation to take place’.
April 2024
Trump to set interest rates himself under secret presidential plan
Donald Trump’s aides plan to roll back the independence of the US Federal Reserve if he returns to the Oval Office.
China warns Blinken over ‘negative factors’ in US ties
China’s top diplomat told his US counterpart the relationship is “facing all kinds of disruptions”, signalling Beijing’s impatience with Washington’s policies as the presidential election looms.