Trajectory of America’s debt burden feels unsustainable
And more on margins
Federal Reserve and Bank of England weigh case for reducing borrowing costs as voters prepare to go to polls
Understanding what our supply chains really look like could help make friendshoring a reality
Rampant inflation could push Nevadans to vote for Republican president for first time in 20 years
Market Questions is the FT’s guide to the week ahead
FT-Michigan Ross poll also finds Democratic president edging ahead of Republican among older voters
Move comes as Brussels increases scrutiny of goods from world’s largest export economy
Key material for electric vehicle batteries has been neglected by industry to date, giving China almost 100% of market
Gita Gopinath urges Washington and other advanced economies to reduce their debt
We shouldn’t let debates about who cuts rates and when distract us from the bigger picture
Markets push back expected timing of interest rate cuts after data beats forecast
Also in this newsletter: Europe goes to the polls, Mike Lynch acquitted, science round-up
Carola Binder’s monetary history uncovers the deep entanglement of price rises and politics
Beijing’s focus on manufacturing has fuelled trade tensions with US and Europe
US tariffs on Chinese goods are the result of a highly complex ecosystem
Central bankers need to carefully assess the case for easing peak rate restrictions
Also in today’s newsletter, a tale of two economies in Michigan
The US central bank increasingly needs an understanding of meteorology to see where the economy is headed
Not everyone is benefiting equally from the revival under way in a crucial 2024 election battleground
Ignore the noise and focus on employment
If America retreats from its security guarantee of Europe, the consequences for global stability will be dire
The US, Eurozone, UK and Japan each have reasons to be unhappy
Increase despite threat of higher tariffs on battery-run cars made in Asian country
Reduced number of international workers in country can lead to missed opportunities, increased risk and communication frictions
UK Edition