Prime Minister Liz Truss says a mix of tax cuts and deregulation is needed to jump-start Britain’s sluggish economy. Investors, economists and some in Truss’s own party disagree.
Tag: Inflation (Economics)
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Democrats’ Troubles in Nevada Are a Microcosm of Nationwide Headwinds
Inflation and a rocky economy are bolstering Republicans in their races against incumbent Democrats, motivating “an electorate that simply wants change,” as one G.O.P. consultant says.
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Less Turnover, Smaller Raises: Hot Job Market May Be Losing Its Sizzle
Unemployment is low, and hiring is strong. But there are signs that frenzied turnover and rapid wage growth are abating.
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Sleepy Corner of U.K.’s Pension Industry Forced the Bank of England’s Hand
Complex financial instruments that pension funds use to minimize the impact of interest rate changes led to the bond market rout.