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Russia’s Wartime Spending Raises Fears of an Economic Bubble

The New York Times: Banking

The economic strength has helped to maintain popular support for Vladimir Putin’s war, but some have warned the state-led spending is threatening the country’s financial stability.

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Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.

The New York Times: Banking

Stubborn inflation and strong growth could keep the Federal Reserve wary about interest rate cuts, eager to avoid adding vim to the economy.

Economics 132
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China’s GDP Grew in 2023, but Economic Strains Lurk

The New York Times: Banking

Gross domestic product expanded 5.2 percent, as China worked to export more to make up for weak demand, high debt and a steep property contraction at home.

Economics 138
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Powell Says Strong Economic Data ‘Could Warrant’ Higher Rates

The New York Times: Banking

The Federal Reserve may need to do more if growth remains hot or if the labor market stops cooling, Jerome H. Powell said in a speech.

Economics 134
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Why nature risk is the next frontier in financial risk management

Global Banking & Finance

By Sebastian Leape, CEO of Natcap Financial institutions have mastered climate risk assessment, they must now urgently expand their risk management capabilities to address nature risk (the financial exposure from degradation of ecosystems, biodiversity loss, and depletion of natural resources), which impact over $44 trillion in global economic value (..)

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Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole

The New York Times: Banking

Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds up — but as labor market weakening threatens to interrupt the soft landing.

Economics 113
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Economics Textbooks Are Finally Getting a Vital Update

The New York Times: Banking

The Great Recession changed how the Fed steers the economy, but textbooks are still catching up.

Economics 117