October
Tussle for control of New York’s famed Chrysler Building
Legal disputes and ruthless manoeuvres are commonplace in the cutthroat world of New York real estate. Now the fate of a famous skyscraper hangs in the balance.
- Philip Kaleta
ECB cuts rates again as euro zone economy stagnates
The European Central Bank offered its first back-to-back rate cut in 13 years - in a shift to protecting economic growth.
- Francesco Canepa and Balazs Koranyi
September
- Analysis
- Monetary policy
Did central banks get the inflation crisis right?
Rate-cutting cycles in recent decades – such as in the early 2000s, or during the financial crisis of 2007 – have tended to be associated with steep economic downturns.
- Sam Fleming, Colby Smith and Olaf Storbeck
ECB cuts rates again as economy stumbles
The ECB is getting more confident that consumer-price growth is returning to target following its historic spike.
- Alexander Weber, Mark Schroers and Jana Randow
- Opinion
- Monetary policy
The Fed needs to avoid becoming passive-aggressive
Adjusting policy in a timely manner to sustain economic expansions is difficult. Given the lags in policy transmission, the time to reset the funds rate has arrived.
- Andrew Law
August
- Analysis
- Monetary policy
Jackson Hole bankers pivot to cuts as soft landing comes into view
Global rate-setters have left the Wyoming symposium cautiously optimistic, but acutely aware of the risks of either cutting rates too soon or leaving it too late.
- Colby Smith
Jackson Hole gathering reveals fresh concern for central bankers
Officials from three of the world’s major central banks have signalled they are on course to lower interest rates emerging weakness in labour markets and growth become the chief threat for policymakers.
- Steve Matthews, Mark Schroers and Jonnelle Marte
New Zealand cuts rates in a rapid change of tune
The RBNZ’s pivot to easing is a dramatic shift after it said in May it considered raising rates and wouldn’t cut them until the second half of 2025.
- Updated
- Tracy Withers
Eurozone rate cut questioned as German wages soar
Not all rate-setters are convinced that the ECB will manage to avoid what bank president Christine Lagarde has referred to as “tit-for-tat inflation”.
- Olaf Storbeck
- Opinion
- Monetary policy
Central banks need true transparency not fake consensus
The Bank of England isn’t afraid to advertise its differences. That is better for creating trust than the obsession with a united front at the US Fed.
- Mohamed El-Erian
July
Wave of shipping inflation could complicate rate cuts, economists warn
Economists are sounding the alarm on the impact of surging shipping costs on the global fight against inflation.
- Delphine Strauss
We don’t know when rates will be cut again, ECB says
European Central Bank chief Christine Lagarde says the question of an interest rate cut in September is “wide open”, and dependent on data.
- Hans van Leeuwen
Bond market dials up US rate cut bets; RBA left behind
Goldman Sachs says there is now “solid rationale” for the Federal Reserve to start cutting rates this month. It’s a different picture in Australia, where markets are still pricing in a rate rise.
- Sarah Jones
ASX to hit 8000 as markets bank on Federal Reserve to cut rates
It’s taken the local bourse just over three years to climb another 1000 points after breaching the 7000 level in April 2021, fuelled by pandemic-era stimulus.
- Sarah Jones
- Opinion
- Private equity
Why central banks are in two minds on the private credit boom
The US Fed is not worried about the systemic risks of private credit, but the Bank of England and the ECB are not so sure.
- Howard Davies
June
France’s election could trigger market shockwaves, BoE warns
The Bank of England’s alert comes before Sunday’s first round of voting. Polls now show the populist right potentially closing in on a parliamentary majority.
- Hans van Leeuwen
- Opinion
- Federal Reserve
The Fed treats itself to the luxury of time when it comes to rates
The decision to sit pat highlights the very different approaches central bankers are taking as they try to rein in inflation while maintaining economic growth.
- Karen Maley
- Opinion
- Interest rates
There’s money to be made anticipating the next central bank pivot
After a period of synchronised monetary policy among developed markets, 2024 presents a new phase of divergence, creating opportunities for astute investors.
- Arian Neiron
ECB’s historic rate cut | D-Day remembered | Private credit boom goes public
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
ECB’s historic cut was completely expected and still surprising
With Canada and Europe moving this week, does the RBA now have more room to deliver the rate cut many Australian households and investors crave?
- James Thomson