Although inflation data and commodity markets point to less severe price hikes than initially feared, central banks are now on a tightening trajectory and equity markets are predicting a textbook recession.
Belatedly, the Oireachtas scrutinised the crucial issue of security St Vincent’s gave to its bankers over the site of the new maternity hospital on the last day before a final government decision. Better late than never.
The ECB's privileged position at the centre of the economy is threatened by private digital currencies, so it building a digital currency of its own. But doing so risks blowing up the business model of the banks.
The fall in money value, the destruction of purchasing power or the rise in prices – choose your description – is fundamentally a monetary phenomenon. To understand it, listen to Charlie Munger.
Where will the price spiral leave Ireland, Europe and the US? Also last week, we teased out the issues at An Bord Pleanála, followed the examinerships of Natterjack and Premier Periclase, and interviewed Revenue chairman Niall Cody.
Finland's ambassador to Ireland Raili Lahnalampi talks about her country's decision to apply to join NATO and why she believes a citizens' assembly on neutrality is a good idea.
Paul Flynn and Conor Mortimer discuss the intercounty football season and if the club vs county debate is counter productive.
We bash the state until we need it. And in a world where central banks and government fail to work together to combat inflation, we’ll need the state’s largesse further still.
The ECB will annoy people no matter what it does. Tighten, and it could crash the economy. Fail to tighten, and record-high inflation could get embedded.
Markets shrugged off the latest US GDP data. But a close reading suggests the US economy is deeply sick. For the Fed, there are no good options.
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