In early 2025, ruling by emergency decree (Fayyad 2025), US President Donald Trump imposed steep and broad tariffs against the…
Stablecoins – digital tokens pegged to fiat currencies – have emerged as a major innovation in crypto finance, with broad…
For decades, East Asia has been a paragon of economic dynamism. But today, in an era of rapid global technological…
Monetary policy moves aggregate investment, but the underlying drivers remain unclear. This column opens the black box with a German…
In many Germanic languages, the commonly used word for “debt” also means “guilt”, which carries a strong moral connotation. Commentators…
Do firms strategically confuse their consumers to raise prices at the industry level, and if so, how? Obfuscation refers to…
The sharp rise in interest rates since 2021 has not been matched by equal increases in household savings rates in…
Classifying loans as fixed-rate or floating-rate fails to fully capture their distinct sensitivity to changes in ECB policy rates. This…
Philippe Aghion and Peter Howitt have been jointly awarded the 2025 Nobel Prize in Economic Sciences with Joel Mokyr ‘for…
Fintech has improved efficiency and inclusion in banking, especially lending, but has also raised concerns about financial stability, privacy, discrimination,…