A host of risks — including turbulence in financial markets, slower growth in economies like China, weak growth in other developed countries and prospects of Brexit — cast shadow on British economy, forcing it to take more austerity measures. With such measures in place, it is quite interesting to see where the additional cuts would be made. Presenting the annual ...

The U.S. Federal Reserve’s latest economic projections contain an encoded message crucial to understanding the central bank’s policies: Inflation has been stuck below the Fed’s target in part because officials don’t actually want to get it back up. It’s important to recognize that the Summary of Economic Projections, released four times a year, does not consist of forecasts about the ...

Asia’s major economies marked International Women’s Day 2016 with relatively little fanfare, despite the demographic imperative that confronts the aging populations of China, Japan and South Korea. According to the Asian Development Bank (ADB), Asian corporate boardrooms have low gender diversity despite moves such as Japan’s “Womenomics,” although the bank blames societal issues rather than deliberate hiring decisions. In its ...