China’s factory activity slowed in May as disruptions from a five-day break added to pressures on global demand and input costs from the continuing conflict in the Middle East.
Ever since Covid, central banks around the world have had the same problem. They have tools that are designed to modulate demand, but so many challenges have involved the supply side of the economy.…
Supply disruptions, high prices, nervous markets: The current war in the Middle East brings back memories of the oil crises of the 1970s. Back then, many economies plunged into stagflation. How bad is the current crisis?
