BoE should ‘stop squeezing living standards’ and cut rates, says policymaker

Swati Dhingra says Bank of England’s monetary policy committee should lower interest rates in August

‘This just isn’t going to add up’: experts warn Trumponomics would hurt US

Trump says he has plan to immediately lower inflation. Economists predict high tariffs and tax cuts would raise it

Labour should scrap two-child benefit cap sooner rather than later

Families cannot afford to wait until UK government says there is money to spare to make such a decision

Labour can end austerity at a stroke – by taxing the rich and taxing them hard

The focus on growth to ease the UK’s economic ills will not be nearly enough, says Guardian columnist George Monbiot

Reliance on private sector investment could stifle Labour’s economic mission

In the rush for growth, the cabinet has hit the ground running; but a temporary boost to public borrowing may be the only way to get quick results

China posts record trade surplus as foreign importers rush to beat tariffs

The $99bn figure comes as data shows exports growing at fastest rate in 15 months while imports fell

Rachel Reeves to announce economic advisory council to boost UK growth

Chancellor is making appointments for new body that will help guide Labour’s ‘national mission’ of economic renewal

US consumer prices unexpectedly fell in June, drawing Fed closer to cutting interest rates

Joe Biden says in statement that falling prices and rising wages are ‘thanks to my economic plan’

Surprise growth boost for Labour as GDP rises by 0.4% in May

ONS figures show gross domestic product rising faster than predicted after flatlining in April

Hopes of interest rate cut dashed by Bank of England economist

Huw Pill says he is uncomfortable with persistence of inflation

Rachel Reeves says the UK’s public finances are in a dire state – but here’s why I’m cautiously optimistic

The markets haven’t imploded, sterling is solid, and there is no flight of investors – and given the circumstances, the only way is up, says Guardian economics editor Larry Elliott

What is the national wealth fund and what will it invest in?

A key pledge in the Labour manifesto, the fund was launched by the new chancellor, Rachel Reeves

Rachel Reeves launches £7.3bn national wealth fund

Chancellor says government aims to attract billions of pounds of private cash for big infrastructure projects

Cutting interest rates ‘too late or too little’ could hit jobs, Fed chair warns

Jerome Powell tells senators in congressional hearing ‘elevated inflation is not the only risk we face’

Bank of England should keep interest rates on hold, says policymaker

Jonathan Haskel warns state of jobs market means inflation is likely to be higher than 2% target ‘for quite some time’