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Traders wary after comments from Federal Reserve officials
Also in today’s newsletter, Biden delivers defiant message to China and Microsoft takes aim at Google
Danish group expects drop from last year’s record $31bn to $2bn-$5bn in 2023
And more on loosening financial conditions
The FT examines the causes and effects of an increasing global resistance to antibiotics: from the pressures doctors are under to prescribe them, to what new treatments are currently in the pipeline, as well as what role can the consumer play in reducing antibiotic use in the food chain
Erdoğan declares state of emergency in Turkey after deadly earthquake
European officials complain that domestic content requirements in US act run counter to WTO rules
Jay Powell says taming inflation will take ‘significant period of time’
Industry executives say a broad ban could have severe consequences for many sectors
Despite mixed data, the Fed needs to remain steadfast in getting inflation down
There is a danger not just of loosening too soon but of loosening too far
US default could prompt countries to hedge their dollar bets and add other currencies to foreign exchange reserves
Also in today’s newsletter, Google unveils its answer to ChatGPT and UK to design ‘digital pound’
Inflationary pressures are beginning to wane
The BIS is relaxed about central bank losses
Manufacturers struggle to replenish national weapons stockpiles and meet demand from Kyiv
The potential for greater structural shift in price growth from shrinking workforces is rising
Making a loss is sometimes the price to pay for keeping economies stable in extraordinary times
Spending levels may need to rise if the world is to achieve its climate goals
Antisocial behaviour identified as big concern in England and Wales ahead of new government drug strategy
Government appears unwilling to meet demands for higher wages in current financial year
Also in this edition: UK hit by health sector strikes, return of the search wars and Biden makes case for second term
Judge issues guidance to stop forcible installations for vulnerable households as Ofgem investigates energy suppliers
Institutions warn that flagship skills policy is in jeopardy due to cost of living crisis
Also in today’s newsletter, ‘spy’ balloon dashes US-China reset hopes and Biden makes his case for a second term
International Edition