Economy

Our coverage of global economics, from inflation-fighting central banks to apprehensive financial markets


The US economy

People crossing the street near Times Square, Manhattan, New York City

America’s economy defies gloomy expectations

As the Federal Reserve cuts interest rates, growth is holding up

Federal Reserve Chair Powell Holds Monthly News Conference On Interest Rates

America’s monetary policy risks getting too loose

Jobs growth is probably weak because of low migration, not a cold economy


 U.S. President Donald Trump takes part in a press conference

Trump’s tariffs suffer a legal setback

The appellate court ruling sets up a showdown at the Supreme Court


Why American bondholders are jumpy about inflation

The Federal Reserve prepares to cut interest rates in tricky circumstances



China’s economy

The skyline turns purple as typhoon Bebinca approaches in Shanghai, China

China’s stockmarket rally may hurt the economy

The “wealth effect” is not the only way it has an impact

China’s young workers, representing diverse jobs, are depicted walking, climbing, floating, and falling through a vast, moody void—symbolizing the uncertainty and precariousness of their situation.

China’s 200m gig workers are a warning for the world

What a giant precarious workforce reveals about the future of jobs


The ''BYD Explorer No. 1'' car carrier, loaded with new evs, setting sail from Yantai Port in China.

The brutal fight to dominate Chinese carmaking

Pity Ford, VW and other Western manufacturers


Chinese trade is thriving despite America’s attacks

The rest of the world is willing to be “ripped off”



Asia’s economies

A worker preparing a load beneath the Harbour Bridge, overlooking the iconic Opera House.

Australia’s post-China hangover

The country grew rich on Chinese demand. Now it must find a new model for growth

Customers purchase vegetables at an agricultural trade market in Nanjing, Jiangsu Province of China.

The threat of deflation stalks Asia’s economies

Blame China, slumping commodities and creaky growth


Sri Lankan President Anura Kumara Dissanayake addresses as he participates in a ceremony

Sri Lanka is still reeling from its economic collapse

And its new government’s honeymoon may be ending


Will a harsher world accelerate India’s reforms?

Narendra Modi needs a new approach after Donald Trump’s tariffs



Europe’s economies

An illustration of Keir Starmer turning out empty pockets, serving as a visual metaphor for Britain’s financial troubles—or its slide toward being broke.

Britain is slowly going bust

Even with a huge majority and plenty of time, Labour is drifting towards a fiscal crisis

Russian Rosguardia (National Guard) soldiers stand in Red Square as they patrol an area in Moscow, Russia.

Russia’s besieged economy is clinging on

The good times have firmly come to an end, but wage growth remains strong


A young man holds a sign with "Zucman Tax" written on it during a demonstration in France

Why France is thinking of targeting the super-rich

Handbags, champagne and a row over a possible new wealth tax


Ukraine faces a $19bn budget black hole

Without funding, the country will be left vulnerable



Russia’s economy

Russian Rosguardia (National Guard) soldiers stand in Red Square as they patrol an area in Moscow, Russia.

Russia’s besieged economy is clinging on

The good times have firmly come to an end, but wage growth remains strong

Cartoon of a man with a bleeding hand facing an open safe filled with money, from which an icy gun barrel points at him.

Europe wants to turn frozen Russian assets into Ukrainian firepower

The €200bn question at the heart of Europe


Oil facilities of Tatneft in Tatarstan, Russia on June 4th 2023

Vladimir Putin’s money machine is sputtering

After years of resilience, Russia’s economy is slowing down


How Europe can hurt Russia’s economy

Even if America lifts sanctions, the old continent has its own weapons



Latest coverage

Britain

Why can’t Britain’s leading aerospace lab raise more money?

The Whittle Laboratory is extraordinary—and underfunded

A worker preparing a load beneath the Harbour Bridge, overlooking the iconic Opera House.

Asia

Australia’s post-China hangover

The country grew rich on Chinese demand. Now it must find a new model for growth

The skyline turns purple as typhoon Bebinca approaches in Shanghai, China

Finance & economics

China’s stockmarket rally may hurt the economy

The “wealth effect” is not the only way it has an impact

A young man holds a sign with "Zucman Tax" written on it during a demonstration in France

Europe

Why France is thinking of targeting the super-rich

Handbags, champagne and a row over a possible new wealth tax

An illustration of Keir Starmer turning out empty pockets, serving as a visual metaphor for Britain’s financial troubles—or its slide toward being broke.

Leaders

Britain is slowly going bust

Even with a huge majority and plenty of time, Labour is drifting towards a fiscal crisis

Red hoarding surrounding a building under refurbishment in the city centre

Britain

Why Labour’s growth mission remains grounded 

Labour promised to get Britain building. So far it has failed

Russian Rosguardia (National Guard) soldiers stand in Red Square as they patrol an area in Moscow, Russia.

Finance & economics

Russia’s besieged economy is clinging on

The good times have firmly come to an end, but wage growth remains strong

People crossing the street near Times Square, Manhattan, New York City

Finance & economics

America’s economy defies gloomy expectations

As the Federal Reserve cuts interest rates, growth is holding up

Tyler Cowen.

Article Media - PodcastMoney Talks

Human ChatGPT: putting Tyler Cowen to the test

Our podcast on markets, the economy and business. This week, what do you ask the man you can ask anything?

A steel worker looks through steel coils at the storage and distribution facility of steel maker ThyssenKrupp in Duisburg, Germany

Finance & economics

Europe’s economy at last shows signs of a recovery

Even if there is plenty that could yet kill it

Article Media - PodcastEditor’s Picks

Rights and wrongs: the political threat to Europe’s economy

A handpicked article read aloud from the latest issue of The Economist

Sri Lankan President Anura Kumara Dissanayake addresses as he participates in a ceremony

Asia

Sri Lanka is still reeling from its economic collapse

And its new government’s honeymoon may be ending