John Harris

John Harris covers the economy with a focus on trade, financial policy, inflation, markets, and major business developments. He follows economic data, government decisions, central-bank developments, and changes in international commerce. John aims to explain what the numbers show while avoiding unnecessary speculation, giving readers a practical view of wider economic conditions.
Economy & Trade

U.S. Inflation and Consumer Spending Accelerate, Reinforcing Federal Reserve’s Rate Hike Rationale

Simultaneously, consumer spending snapped back in August after a brief lull, adding to a growing body of evidence that the…

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Economy & Trade

World Economic Forum CEO Børge Brende resigns after independent review of Epstein ties

In a statement, Brende, a former Norwegian Minister of Foreign Affairs, said, “After careful consideration, I have decided to step…

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Economy & Trade

Riksbank Holds Rates at 1.75%, Signals Hikes as Supply Shocks Persist

Policy Pivot Amidst Supply Shocks The Riksbank’s decision comes at a time of mixed economic signals. While headline inflation in…

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Economy & Trade

Equities Retreat as Oil Spikes and Rising Treasury Yields Weigh on Investor Sentiment

The primary catalyst for the sell-off was the spike in crude oil prices. As the world’s primary fuel source becomes…

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Economy & Trade

Crystal Jade enters receivership in Singapore and Hong Kong as Kroll reviews restructuring options

Financial and risk advisory firm Kroll announced on September 30 that its representatives have been appointed as receivers over Crystal…

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Economy & Trade

Oil Markets Wobble as Brent Tops $103 Amid Iran Sanction Fears

The spike in prices signals a market that is pricing in the risk of further disruption to global energy flows.…

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Economy & Trade

Spain’s inflation accelerates to 4.9% in September as fuel costs surge

The headline figure of 4.9% reflects the cumulative impact of several key sectors. Higher fuel prices emerged as a dominant…

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Economy & Trade

US Ban on Canadian Alcohol and Dairy Takes Effect Amid Stalled Trade Negotiations

The ban was established through executive orders signed by President Donald Trump on September 8, citing "continued discrimination" by Canada…

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Economy & Trade

Australia Central Bank Raises Rates to 15-Year High, Signals Further Hikes Possible

The 25-basis-point increase is a tangible mechanism for cooling an economy where borrowing costs have been rising steadily. By elevating…

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Economy & Trade

Australia sues Amazon over Prime Video ad introduction and unfair contract terms

The Australian Competition and Consumer Commission (ACCC) has filed a lawsuit against Amazon Commercial Services Pty Ltd, alleging that the…

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