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

America’s economy defies gloomy expectations
As the Federal Reserve cuts interest rates, growth is holding up

America’s monetary policy risks getting too loose
Jobs growth is probably weak because of low migration, not a cold economy

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

China’s stockmarket rally may hurt the economy
The “wealth effect” is not the only way it has an impact

China’s 200m gig workers are a warning for the world
What a giant precarious workforce reveals about the future of jobs

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

Australia’s post-China hangover
The country grew rich on Chinese demand. Now it must find a new model for growth

The threat of deflation stalks Asia’s economies
Blame China, slumping commodities and creaky growth

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

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

Russia’s besieged economy is clinging on
The good times have firmly come to an end, but wage growth remains strong

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

Russia’s besieged economy is clinging on
The good times have firmly come to an end, but wage growth remains strong

Europe wants to turn frozen Russian assets into Ukrainian firepower
The €200bn question at the heart of Europe

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