International - Financial Times - Credit Squeeze

JPMorgan CEO says Kevin Hassett would be more likely to back Donald Trump’s calls for interest rate cuts

The Federal Reserve delivered another divisive cut as expected. Plus, a busy week ahead for other central banks

Convoluted messaging and conflicting policies have been hallmarks of the president’s year

Kansas City’s Jeff Schmid says long-term borrowing costs will rise if policymakers lose their ‘credibility’

Professional forecasters expect the Bank of England to cut, the European Central Bank to hold and the Bank of Japan to raise rates

Also in today’s newsletter: Apollo’s shift to complex lending and crypto boss sentenced to 15 years in prison

A huge pessimistic bias in our national accounts leads us to doom and gloom which turns out to be nonsense

An everything-all-at-once solution

Analysts and ONS cite uncertainty ahead of Rachel Reeves’ tax-raising Budget

What will and won’t change with a resolution to the war

The surge in the precious metal’s price could have ominous implications for the markets

Decision eases concerns that central bankers aligned with the US president would block them remaining in their roles

Cars will be hardest hit by move, which comes ahead of crucial renegotiation of US-Mexico-Canada trade pact

Figures for September raise hopes that GDP growth in third quarter was stronger than forecast

Communist party leadership pledges to ‘stabilise’ major engine of economic growth

Election of Kyriakos Pierrakakis caps political and economic turnaround for Athens after traumas of Eurozone crisis

Follow the latest impact of tariffs amid the president’s ongoing trade war

Beijing and several European countries hold up deal to exempt US multinationals from OECD tax regime

Also in today’s newsletter: Oracle warning sends equity markets tumbling and postwar Ukraine talks

Three top US central bankers object to move in biggest revolt since 2019