From WSJopinion: Rather than curbing domestic inflation, it appears the Fed was far more successful in causing a global credit tightening that could prove far more destabilizing, writes josephsternberg
Wonder Land: During the Obama years, Republicans were nicknamed 'the party of No.' Today the roles have reversed, with Democrats refusing to negotiate, preferring to smear the 'MAGA Republican' opposition as 'extreme.' Images: Zuma Press/AFP via Getty Images Composite: Mark Kelly
Economists spent much of last year wondering why a credit crunch was slow to materialize in the U.S. as the Federal Reserve increased interest rates. Guess what, a credit crunch did happen: everywhere besides America. That should have a bearing on a still more puzzling political event, the unfolding Republican presidential primary.
The last three months of 2022 witnessed a substantial contraction in credit globally, according to data by the Bank for International Settlements. The data show that for all currencies, including the euro and yen, credit extended by a bank to a borrower in another country fell by $1.4 trillion in that quarter.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Honey, I Shrunk The Kids Cast: Where They Are NowThe sci-fi comedy Honey, I Shrunk the Kids was a smash hit that launched a franchise, but what has the cast of the family film been up to since?
続きを読む »
Opinion | The Fed is the wrong bank regulatorFor the Federal Reserve, monetary policy is the top priority, not bank regulation. That’s why it makes sense to give bank regulation to another agency.
続きを読む »
Mama June on Giving Up Custody of Honey Boo Boo, Paying Child SupportMama June Shannon is opening up about why she gave up custody of Alana 'Honey Boo Boo' Thompson and whether she's paying child support.
続きを読む »
Where Mama June Stands with Daughters Now After Losing Custody of Honey Boo Boo (Exclusive)Mama June Shannon and husband Justin Stroud open up about their relationship with the reality star's daughters, following her decision to give up parenting rights of Alana 'Honey Boo Boo' Thompson to daughter Lauryn 'Pumpkin' Efird.
続きを読む »
A new model for the evolution of honey bee brainsResearchers have proposed a new model for the evolution of higher brain functions and behaviors in the Hymenoptera order of insects. The team compared the Kenyon cells, a type of neuronal cell, in the mushroom bodies (a part of the insect brain involved in learning, memory and sensory integration) of 'primitive' sawflies and sophisticated honey bees.
続きを読む »
Mama June talks Honey Boo Boo’s ‘over-the-top,’ ‘divalicious’ prom styleAlana “Honey Boo Boo” Thompson wore a hot pink mermaid gown completely covered in sequins and sparkling stones for her big night.
続きを読む »