The justification by the US Federal Reserve for pushing up interest rates to quell wages pressure does not stack up with the evidence.
Read Here
Bill Mitchell: First signs of a slowdown in the US labour market
Climate Crisis
Euronews – Germany: Minister casts doubt on 2030 coal exit
More back-sliding on climate targets, common theme almost everywhere in Europe now. Read the article HERE.
EU politics
Daniel Finn – Brittle Opposition
Analysis of Ireland’s election. In New Left Review’s ‘Sidecar’. Read the article HERE.
Economics
Frances Coppola – Britain faces a long, hard post-Brexit stagflationary winter
Amid great uncertainty, shortages and rising prices, just what is the economic outlook for post-Brexit, post-Covid Britain? Read here
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