Also in this newsletter: Eurozone business activity slows, global hunger warning, tourism backlash
Move underlines progress in country’s $1tn economy since pivot to more conventional monetary policy
Purchasing managers’ poll hits 5-month low on weak growth in services and steep falls in manufacturing
And dollar devaluation revisited
The search for a more optimal monetary policy
Also in today’s newsletter, hope for London’s market and Kamala Harris’s running mate options
Tufan Erginbilgic says crunch could persist for another two years
The option of temporary worker contracts is not embraced by either side but it may be the solution
The fate of FAIT and a fait accompli
Also in today’s newsletter, Google and Wiz call off $23bn deal and Secret Service on Trump shooting
For the first time in two decades, the potential for a step up in western growth is real and promising
And Trump’s dollar devaluation dreams
Communist party’s third plenum reinforces focus on self-sufficiency but fails to assuage fears about weak consumption or oversupply
Labour should be wary of thinking that doing things that all states should be doing is a shortcut to growth
Cash back, low interest rates and price cuts surge in an effort to clear inventories at pre-pandemic levels
Also in this newsletter: donors swing behind Kamala Harris, China cuts rates, shadow banks warning
The Democrats need to keep backing, refining and owning the long-term shift towards a post-neoliberal world
Debt Will Tear Us Apart (Again)
Joe Biden’s fiscal stimulus did global growth a lot of good
Also in today’s newsletter, scams set to follow CrowdStrike IT outage and Silicon Valley’s latest psychedelic start-up
Reductions come in wake of Communist party’s third plenum but impact likely to be moderate, warn analysts
Global supply glut of panels is hurting producers but also helping installations
Estimates offer stark illustration of challenges facing Rachel Reeves as she prepares for autumn Budget
An unexpected flare-up in US inflation last quarter is one reason officials want to see more data
Both the domestic and global contexts have changed materially since 2016