Public borrowing is cheap but ramping up debt is not without risk | Kenneth...

With interest rates on government debt at multi-decade lows, a number of leading economists have argued that almost every advanced economy can allow debt to drift up towards Japanese levels (over 150% of...

Nine reasons why the stock markets are far too optimistic

This past May and August, escalations in the trade and technology conflict between the US and China rattled stock markets and pushed bond yields to historic lows. But that was then: since then,...

Tories and Labour warned over ambitious spending promises

Labour and the Conservatives have triggered a public spending bidding war, promising massive programmes of borrowing that will return public investment to levels last seen in the 1970s, according to Britain’s leading experts...

Labour and Tories race to ramp up spending despite borrowing risks

Labour has announced £150bn of additional infrastructure spending as part of a range of plans that signal a large rise in public borrowing, amid bids from both parties to ramp up spending. It comes...

Javid sparks speculation of voter-friendly budget with borrowing comments

Sajid Javid has fuelled speculation that he is planning a voter-friendly budget next month after predicting that interest rates will remain at rock bottom levels and give him the scope to increase government...

It's cheap to visit Australia right now, but the world economy is suffocating our...

Trying to discern the direction of the world economy is a job fraught with danger, but there are clear signs that its weakening is having an impact on Australia despite the more positive...

If not recession for Australia, certainly a turn for the worse | Greg Jericho

The latest labour force figures released by the bureau of statistics have served to reinforce that the economy is showing a severe case of wobbles. While there remain some signs that a recession...

If global markets are unsettled, they have good reason to be so

Every year the Federal Reserve Bank of Kansas City hosts a symposium in the Grand Teton resort of Jackson Hole. Some years, guests have little to do but chew the fat and listen...

Why central banks should forget about 2% inflation | Jeffrey Frankel

The Federal Reserve has some reasons to cut interest rates at its 31 July meeting, or subsequently if the US economy weakens. (There is also a case for holding rates steady, if growth...