The Fed and Schrödinger’s Phillips curve

Confused about why the Fed is committed to higher inflation despite mixed signs of recovery in the US economy? Good. Edward…

Copper hits record high with demand expected to rise sharply

Copper prices hit a record high on Friday in the latest leg of a broad rally…

Covid and the need for intellectual humility

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US jobs market gets a shot in the arm from stimulus and vaccinations

The US labour market is expected to have added nearly another 1m jobs last month, highlighting…

The ‘crowding out’ risk to the economy

The writer is group chief economist at Société Générale There are solid arguments favouring fiscal policy…

Europe’s largest private employer VW faces no pressure to raise wages

Europe’s biggest private-sector employer Volkswagen has said it is not under pressure to raise salaries, reinforcing…

FirstFT: Today’s top stories | Financial Times

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EU envoy says bloc is committed to resolving N Ireland dispute

The EU ambassador to the UK has vowed that the bloc will not be “bureaucratic” as…

The UK and EU must find a new equilibrium

Dangerous as the situation is, there is something faintly absurd about the appearance of UK and…

Katherine Tai springs a surprise on Covid vaccine patents

FT premium subscribers can click here to receive Trade Secrets by email Joe Biden won’t be…