International - Financial Times - Credit Squeeze

Top Republicans want the Washington-based institution to take a tougher stance on China

Essential services cost more because people are better off

Some fund managers see potential fallout affecting the currency’s global status from controversial plan

There is now clarity on what the Fed will do at its December meeting

Washington and Swiss trader Mercuria announce up to $1bn each in funding as Trump seeks to end long-running conflict

Personal consumption expenditure inflation is above target but the release contained little the Fed did not already know

Also in today’s newsletter: Netflix enters exclusive talks to buy Warner Bros Discovery and lawmakers plan to block Nvidia chip sales to China

Fiscal stimulus vs inflation

Crunching 40-plus years of FT articles for a useful measure of geopolitical risk

From defence collaboration to energy, the bloc is struggling to decide how to view its former member

Old assumptions about expectations and targets can no longer be relied upon

Bipartisan bill is part of effort to stop Beijing from getting critical AI-related technology

Move could offer German carmaker respite from anti-subsidy measures

Investors worry about fallout from yen carry trade unwinding after speech by BoJ governor

The FT’s Alan Beattie and Andy Bounds replied to reader questions

Following the government shutdown and data drought, views that the Fed will cut on December 10 are near unanimous

Also in today’s newsletter: investor concerns about Hassett, and Meta faces fresh EU antitrust investigation

Blistering GDP reading raises doubts about RBI cut amid questions about quality of official data

Beijing’s tight export controls on critical minerals have strained relations with the US and EU

French and Chinese leaders stress need for multilateralism amid rising trade tensions