Central bankers in economies including the US, Japan and the UK will face a moment of truth this week,
as surging inflation raises the prospect of higher interest rates.
Policymakers in all three countries will set rates in the next seven days
against the backdrop of turbulent global bond markets.
In particular, investors will be watching closely to see if Kevin Warsh, the new chair of the US Federal Reserve,
can face down Donald Trump’s demands for rate cuts an…
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Eine Kritik der Inflationstheorien, erster Teil die bürgerliche #Wirtschaftsesoterik und ihre drei führenden "Theorien": #Monetarismus, #Keynesianismus,
U.S. inflation accelerated last month
as gas prices spiked in the wake of renewed fighting in the Middle East,
underscoring the affordability challenges that are top of mind for many voters with midterm elections now just seven weeks away.
The consumer price index rose 3.4% last month compared with a year ago,
the Labor Department said Friday,
the same as in July.
But on a monthly basis, inflation quickened,
as costs jumped 0.4% from July to August…
Trump and his appointees have gutted election-related teams at federal law enforcement agencies.
FBI Director Kash Patel dismantled the agency’s public corruption team,
which had previously been deployed to help monitor possible criminal activity on Election Day.
The Foreign Influence Task Force, which aimed to combat foreign influence in U.S. politics, was also disbanded.
(An FBI spokesperson said the bureau “remains committed to detecting and countering foreign inf…
Newly disclosed records reveal
the US government extensively spied on prominent leftwing organizations
and on protesters as part of a vast operation into groups opposing the immigration crackdown in Minnesota earlier this year.
Internal investigative reports show the Department of Homeland Security (DHS) sent undercover agents to community meetings in the Twin Cities and New York City,
infiltrated Signal chats and obtained financial records of mainstream unions and le…