More US lawmakers visit Taiwan, defying China’s warnings. Plus, Emmanuel Macron seeks to mend ties with Algeria, an update from Ethiopia as fighting continues in northern Tigray, and Andrew Mueller’s unique assessment of what we learnt this week.
Daily Archives: August 26, 2022
Front Page: Wall Street Journal – August 26, 2022
Powell to Address Economic Outlook at Jackson Hole
The Fed chairman’s comments will be closely watched for signals on how the central bank could manage a series of difficult trade-offs as it seeks to bring inflation down from a 40-year high.3 min read
Student-Loan Plan Ignites Debate Over Inflation, Budget Risks
The move to cancel up to $20,000 in student debt for millions of borrowers will have economic consequences, including on inflation, consumer behavior and government budgets, though the degree of those effects is uncertain.5 min read