Clive Crook
Is the US dollar’s privilege on borrowed time?
The debate about its dominance turns on benefits, costs and incumbency
Investors are flying blind into the ‘Golden Age’
Over the past 12 months, the US has seen even every norm of economic policy – trade, fiscal, monetary – blithely tossed...
Is the US dollar’s era of exorbitant privilege ending?
The Trump administration wants a less globalised economy and a still pre-eminent greenback. Getting both won’t be easy
The EU is in a trade war but can’t fight back
The bloc’s only course is to conciliate, limit the economic damage and quietly develop channels of international cooperation that don’t rely on...
America’s fiscal exceptionalism is all too real
The US should stop wringing its hands about public borrowing and do something about it
Does interest rate pain explain the consumer sentiment gap?
Most calculations of inflation don’t factor in the impact of changes in interest rates
The Fed should get ready for higher unemployment
ANNOUNCING another interest-rate increase on Wednesday (Jul 27), United States Federal Reserve chair Jerome Powell said that the path toward a soft...