Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaWe’ll always have DubaiThe war of unintended consequencesIran warns it will hit US bases across region hours after president’s apologyIn the centre of the storm: what does the Iran war mean for Dubai?Trump’s war on Iran is spreading. Where does it stop?USUS HomeUS EconomyUS CompaniesUS Politics & PolicyThe war of unintended consequencesIran warns it will hit US bases across region hours after president’s apologyTrump’s war on Iran is spreading. Where does it stop?US draws up strict new AI guidelines amid Anthropic clashRussia is helping Iran to target US military assets in Middle EastCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportIn the centre of the storm: what does the Iran war mean for Dubai?Is the nightmare scenario for global energy here?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesUS draws up strict new AI guidelines amid Anthropic clashThe last of Hong Kong’s colonial-era trainee schemesTechTech HomeArtificial intelligenceSemiconductorsCyber SecuritySocial MediaPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesUS draws up strict new AI guidelines amid Anthropic clashGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnOracle and OpenAI scrap deal to expand flagship Texas data centreIran hits Amazon data centres in jolt to Gulf AI driveMarketsMarkets HomeAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingIs the nightmare scenario for global energy here?Investors are not ready for a true shockBritain is now the home of the Middle ManUS faced with few good options to tamp down surging oil pricesOil hits highest level since 2023 as Iran war triggers historic surgeClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersWe’ll always have DubaiThe war of unintended consequencesIs the nightmare scenario for global energy here?Investors are not ready for a true shockBritain is now the home of the Middle ManLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnPapier founder: ‘I don’t own stocks or shares — it’s too much risk’Are you financially ‘prepped’ for higher inflation?Couples navigate their new money dynamicsWomen in the public eye keep watch as online attacks intensifyLife & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterWe’ll always have DubaiTrump’s war on Iran is spreading. Where does it stop?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesHereditary peer Lord Mancroft: ‘They don’t care about fox hunting. It’s about us’Marinelli: my 15-year quest to ski the biggest face in the AlpsHow To Spend ItHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign Innewslettersign up here@ChrisGiles_ on X.com (link opens in a new browser window)UK public financesTo stop UK’s debt fatalism, look past charts of doomDespite dire OBR warnings, changes to how projections are calculated can correct misplaced fear of unsustainable levelsChris GilesChris Giles on Central BanksWho is paying for Trump’s tariffs?The answer depends on how you ask the question; plus markets do not think the Bank of Japan is more dovishEuropean Central BankTranscript of an interview with Philip LaneEdited transcript from an interview with the ECB chief economistMonetary Policy RadarBank of Japan to press on with April rate riseRead the central bank’s February forecast from the FT’s Monetary Policy Radar teamMonetary Policy RadarBank of England’s dovish shift heralds March cutRead the February forecast from the FT’s Monetary Policy Radar teamMonetary Policy RadarECB set for extended hold in 2026Read the central bank’s February forecast from the FT’s Monetary Policy Radar teamMonetary Policy RadarFed still on course to hold until JuneRead the February forecast from the FT’s Monetary Policy Radar teamGlobal EconomyAsk an Expert. How should you navigate global economic risks this year? You asked, Chris Giles answeredThe FT’s economics commentator replied to reader questionsUK taxThe relentless rise of liberal tax NimbysPeople love progressive changes in theory but hate them in practiceChris GilesChris Giles on Central BanksThe US economy is turningThe question is whether it is turning European or Australian. Also in this newsletter, all change in Eurozone labour marketsChris Giles on Central BanksThe fight between staff and hawks inside the BoEThe central bank has lifted the lid on internal arguments. Also in this newsletter, is Kevin Warsh a hawk or weathervane?UK economyAre UK consumers about to rediscover their mojo?The pieces are falling into place, but are not quite there yetChris GilesChris Giles on Central BanksScenarios for a Warsh FedPlausible predictions have vastly different outcomes. Also in this newsletter, US trade balances move back to normalityFederal ReserveKevin Warsh is the presumptive Fed chairThe economist is seen as an independent voice, raising the chances of future tussles with Donald TrumpFederal ReserveKevin Warsh will pivot Fed to conviction economicsTrump’s choice of chair will shift from Powell’s data-dependent approach to policyChris GilesMonetary Policy RadarBoJ faces upside risks to the pace of tighteningRead the central bank’s January forecast from the FT’s Monetary Policy Radar teamMonetary Policy RadarFed will be on hold until mid-yearRead the January forecast from the FT’s Monetary Policy Radar teamMonetary Policy RadarBoE needs to win the last-mile disinflation battle in 2026Read the January forecast from the FT’s Monetary Policy Radar teamChris Giles on Central BanksTrump, the Fed and Newton’s third lawThe past week showed every action has a reaction, many of which will annoy the US presidentMonetary Policy RadarThe ECB will hold until it is pushed away from its ‘good place’Read the central bank’s January forecast from the FT’s Monetary Policy Radar teamFederal ReserveA good day in court for Lisa CookSupreme Court justices gave the US administration a tough time in the oral hearingGlobal EconomyWhat happens if the UK and US reach net zero (migration)?We would need to rethink sustainable growth rates and fiscal targetsChris GilesChris Giles on Central BanksThe cost of taking orders from TrumpThe administration’s war on the Federal Reserve illustrates the threat of fiscal dominanceUS economyThe next Fed chair shouldn’t party like it’s 1999It is premature to assume the AI era will lead to non-inflationary growth like the ’90s computing boomChris GilesChris Giles on Central BanksHow to be a central banker in 2026Plan to face the obstacles impeding the smooth path of economic policyHelp CentreContact UsAbout UsAccessibilityCareersSuppliersTerms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & PoliciesShare News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT SchoolsPortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency ConverterFT Live EventsFT ForumsFT Leaders AcademyMore from the FT GroupFT Editorial Code of PracticeUKSubscribe for full accessHomeWorldMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaUSUS EconomyUS CompaniesUS Politics & PolicyCompaniesEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportTechArtificial intelligenceSemiconductorsCyber SecuritySocial MediaMarketsAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingClimateOpinionColumnistsThe FT ViewThe Big ReadLexObituariesLettersLexWork & CareersBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItLife & ArtsArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterPersonal FinanceProperty & MortgagesInvestmentsPensionsTaxBanking & SavingsAdvice & CommentHow To Spend ItSpecial ReportsAlphavilleFT EditLunch with the FTFT Globetrotter#techAsiaMoral MoneyVisual and data journalismNewslettersVideoPodcastsNews feedFT SchoolsFT Live EventsFT ForumsFT Leaders AcademymyFTPortfolioFT Digital EditionCrosswordOur AppsHelp CentreSubscribeSign In
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2026-03-07 19:16:33
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