Philip Aldrick

El-Erian Says Fed Risks Losing Control Of Messaging On Rates

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The economist warned that the Fed needs to recover its credibility on forward guidance.

U.S., U.K. May Face Permanently High Interest Rates Thanks To Aging Populations

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Workers will struggle to match the spending needs of an aging population, causing higher long-term structural inflation.

El-Erian Terrified Of Central Banks Losing Autonomy Over Errors

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Central banks have been criticized for being too slow to spot surging inflation in 2021.

Tumbling Money Supply Alarms Economists Who Foresaw Inflation

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Their analysis jars with the mainstream consensus that economies are starting to pick up.

ChatGPT Will Be The Calculator For Writing, Top Economist Says

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ChatGPT has already passed parts of the bar, the entrance exam for US law schools.

Business Chiefs And Economists Brace For Recession As Davos Begins

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Two-thirds of chief economist surveyed by the forum expect a worldwide recession in 2023.

World Economy Is Headed For A Recession In 2023, Researcher Says

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The findings are more pessimistic than the latest forecast from the International Monetary Fund.

Liz Truss's Historic Gamble With the U.K. Economy Is Already Unraveling

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The prime minister's tax cuts will cost the Treasury around £161 billion over the next five years.

Wall Street Says A Recession Is Coming. Consumers Say It's Already Here

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Just as the pandemic and its recovery proved to be k-shaped, so the next deterioration may prove similarly unequal.

‘Testosterone-Fueled Bear Pit' Discourages Women From Economics

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Women are grossly underrepresented in the field, according to a report in the U.k>