On any day, the stock market can go up or down. But in the long run, a young person cannot afford to ignore the chance to invest in company shares. The effect of compound interest, with an initial investment of $1,000 and 20% annual interest, compounded at various...
By Tiziana Barghini In my youth, I would have never, ever, have imagined this. I grew up in Italy, where we learned the hard way — through runaway inflation and a plummeting currency — that it’s best if central banks are independent from power-hungry...
This week we published a decoder explaining why central banks are so important. We received a thought-provoking comment from PositiveMoney, a not-for-profit research and campaigning organisation based in London, asking why central banks should not do more to help...
By Betty Wong The ideal global economy is a Goldilocks economy: growth is not too hot to cause inflation, not too cold to spark a recession, but rather just right, with a growth rate of 2-3%. Central banks exert enormous influence over an economy. A central bank...
The Federal Reserve — the U.S. central bank — is widely expected to raise its benchmark interest rate soon, possibly next month, in the first tightening of monetary policy since the 2007-09 financial crisis. We asked three of our correspondents for their...
