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Home/News/Banking & Economics
Banking & Economics
Aug 24, 2026, 5:30 PM·2 views

High asset prices, not low interest rates, are driving inflation

PolicyDrift
PolicyDrift
Banking & Economics

Key Highlights

  • Wealth distribution in the US has rendered the Federal Reserve’s usual tools less effective
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.

Wealth distribution in the US has rendered the Federal Reserve’s usual tools less effective

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PolicyDrift
BANKING & ECONOMICS18M AGO

Trump Threatens Even Higher Tariffs on Canadian Exports After Talks Unravel

The president renewed his threats against Canada on Monday. The countries are quickly entering a full-blown trade war.

BANKING & ECONOMICS46M AGO

Drought and Energy Crunch Curb Hungary’s Budget Deficit Cuts

The summer’s drought and the resulting energy crisis are limiting the new Hungarian government’s ability to deepen budget deficit cuts this year, according to its amended fiscal plan.

BANKING & ECONOMICS2H AGO

Mexico GDP Bounces Back in Second Quarter Despite Trade Stress

Mexico’s economy rebounded in the second quarter, driven by expansion in the services and construction sectors as well as solid exports despite prolonged trade tensions with the US.

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