global economy

Time for the West to cooperate with the rest? - THE EDGE SINGAPORE

Geopolitics

Time for the West to cooperate with the rest?

Kishore Mahbubani says that China’s position on the war in Ukraine could be “in harmony” with the rest of the world.

Global Economy

Hiking rates early won’t mean catching a break later

The consequent risks of overdoing it and being forced into an about-face and cutting in 2023 — or earlier — are mounting.

Global Economy

IMF warns it will cut global growth forecast again with 'darkened' outlook

"It is going to be a tough 2022 -- and possibly an even tougher 2023"

US Economy

Fed sees 'more restrictive' rates possible if inflation persists

The FOMC viewed maintaining the central bank’s credibility to control inflation as crucial.

Global Economy

The supply-side fight against inflation

At the international level, efforts to facilitate trade, address supply-chain rigidities, and close data gaps will be essential.

Broker's Calls

FX markets playing 'a game of two halves', USD to depreciate in 2H2022: DBS

Fed chair Jerome Powell did not rule out a US recession from the frontloading of Fed hikes to restore price stability.
Citigroup economists see chance of global recession nearing 50% - THE EDGE SINGAPORE

Global Economy

Citigroup economists see chance of global recession nearing 50%

Citigroup now sees the world economy growing 3% this year and 2.8% in 2023.

Global Economy

World's central banks got it wrong, and economies pay the price

The US isn’t the only one facing a credibility challenge.
EU raises pressure on Russia, targeting oil and biggest bank - THE EDGE SINGAPORE

Russia-Ukraine crisis

EU raises pressure on Russia, targeting oil and biggest bank

"This will be a complete import ban on all Russian oil, seaborne and pipeline, crude and refined."

Global Economy

World could face recession in next two years: PM Lee

Russia’s war on Ukraine has clouded the outlook for Singapore’s post-Covid recovery
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