There appears to be little prospect of lasting peace between Iran and the United States while Donald Trump remains in the White House. This is a view that an increasing number of serious actors across the region now seem to share. Eight months into the Iran war, Washington has neither broken Tehran’s resolve nor found […]

The post Why the Middle East is already waiting out Trump’s presidency appeared first on Asia Times.

Donald Trump loves to put his name on things, and when it comes to the recent burst of inflation, it’s totally deserved. Trump and Republican politicians are doing their best to try to make a simple story complicated. But there is no doubt that Trump is the lead and almost sole author of the inflation […]

The post Trumpflation is here and it’s all Trump’s doing appeared first on Asia Times.

TOKYO — An unwelcome blast of US inflation is blowing across Asia’s markets. September’s hotter-than-expected price data revived concerns that the Federal Reserve will keep rates higher for longer, threatening fresh pressure on currencies, capital flows and economic growth across the region.

Last month’s 3.7% year-on-year increase in consumer prices didn’t just exceed forecasts. It ensured the Fed is on an even bigger collision course with both the bond market and US President Donald Trump’s White House. It’s arguably the last thing both Trump and US Federal Reserve Chairman Kevin Warsh wanted to see less than three weeks ahead of the mid-term elections.

The post Hot US inflation singes Asia as higher-for-longer Fed rates loom appeared first on Asia Times.

Two years ago, central bankers on three continents all but declared victory over inflation. Markets took them at their word, and plenty of investors built their portfolios on the assumption that the price surge of 2022 was behind us. That assumption was wrong, and the consequences are now showing up in almost every major economy […]

The post The inflation conflagration is back and here to stay appeared first on Asia Times.