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    Chris Giles

    Economics Commentator

    Chris Giles is the FT’s economics commentator. He writes a fortnightly column and the weekly newsletter, Chris Giles on Central Banks (sign up here). Previously, he was economics editor and served as a leader writer.

    He is an Honorary Professor of Practice at the UCL Policy Lab. Before joining the FT, he worked for the BBC, Ofcom and the Institute for Fiscal Studies. Chris loves numbers.

    Email Chris Giles @ChrisGiles_  on Twitter (link opens in a new browser window)
    • Wednesday, 19 June, 2024
      UK general election 2024
      Labour can increase spending without raising tax

      It involves austerity, some quirks in UK fiscal rules and ensuring government action requires private investment

      A woman in a blue dress suit
    • Tuesday, 18 June, 2024
      Chris Giles on Central Banks
      How to understand central bank QE losses Premium content

      They are real, whether countries choose to pay upfront or brush them under a giant rug

      Montage of central bank buildings
    • Thursday, 13 June, 2024
      Unhedged podcast17 min listen
      Central bankers do nothing. Markets respond

      What can markets read into the Fed holding steady?

    • Tuesday, 11 June, 2024
      Chris Giles on Central Banks
      The cutting cycle begins Premium content

      But slow and steady is the name of the game

      ECB president Christine Lagarde
    • Thursday, 6 June, 2024
      Bank of England
      An unnecessary banking subsidy whose time is up

      Labour can save public money and enhance central bank independence with some tweaks to the BoE remit

      Rachel Reeves, the shadow chancellor
    • Tuesday, 4 June, 2024
      Chris Giles on Central Banks
      Inflation ain’t behaving Premium content

      The US, Eurozone, UK and Japan each have reasons to be unhappy

      Montage of central bankers Christine Lagarde, Kazuo Ueda, Jay Powell and Andrew Bailey
    • Monday, 3 June, 2024
      News in-depthThe Economics Show with Soumaya Keynes podcast26 min listen
      Are we getting inflation right? With Neel Kashkari

      Soumaya Keynes talks to the president of the Minneapolis Fed

    • Tuesday, 28 May, 2024
      Chris Giles on Central Banks
      The perils of data dependence Premium content

      How the ECB has coped better than the Fed and BoE in an uncertain world

      François Villeroy de Galhau
    • Wednesday, 22 May, 2024
      Monetary policy
      The US and Europe should decouple on monetary policy

      Divergent economic positions mean assessment of policy risks needs to be radically different

      James Ferguson illustration of the percentage symbol blueprint
    • Tuesday, 21 May, 2024
      Chris Giles on Central Banks
      Measurement matters Premium content

      Real rentals, fast food and awkward adjustments in an inflation index near you

      A customer shops for groceries at an M&S supermarket in London, UK
    • Tuesday, 14 May, 2024
      Chris Giles on Central Banks
      Inflation’s rental risks Premium content

      The US and UK need to see a moderation in the price of home leases

      A ‘For Rent’ sign near a home in Houston, Texas, US
    • Thursday, 9 May, 2024
      UK property
      The solution is simple: just build more homes

      Walking London’s Capital Ring tells you all you need to know about the housing crisis

      Construction cranes in east London.
    • Wednesday, 8 May, 2024
      Economists Exchange
      Arthur Laffer: ‘I made a vow that I would never, ever work for a government again’

      The economist on the mis-steps of the Fed over interest rates and the markets

      Leonie Woods illustration of Chris Giles and Arthur Laffer for the Economist Exchange.
    • Tuesday, 7 May, 2024
      Chris Giles on Central Banks
      European interest rates are set to diverge from the US Premium content

      It may be a bumpy ride, although the latest evidence is encouraging

      The US national flag is side by side with the European Union flag
    • Tuesday, 30 April, 2024
      Chris Giles on Central Banks
      Is the Fed’s next move a raise in rates?

      Four reasons to doubt a hike is coming, but US inflation has been misbehaving

      A job seeker fills at a recruitment event in New Brunswick, New Jersey, US
    • Thursday, 25 April, 2024
      Labour party UK
      An optimist’s guide to the next Labour government

      Political stability, catch-up growth and better luck would make 2024 a good election to win

      Kier Starmer and Rachel Reeves sitting at a table on train
    • Tuesday, 23 April, 2024
      Chris Giles on Central Banks
      Where is the Fed’s interest rate heading? Premium content

      The search for the neutral rate is proving elusive

      Federal Reserve chair Jay Powell and Bank of England governor Andrew Bailey in discussion together
    • Tuesday, 16 April, 2024
      Chris Giles on Central Banks
      Three errors in inflation control Premium content

      Inconsequential reforms suggested for the Bank of England, misjudged US inflation and markets, and extrapolating too much

      Former US Federal Reserve chair Ben Bernanke gestures as he speaks to reporters in London
    • Friday, 12 April, 2024
      Utilities
      The great stink of Thames Water

      Separating punishment for past sins from future investment should be the priority

      An aerial view of Thames Water’s Mogden sewage treatment plant in west London
    • Tuesday, 9 April, 2024
      Chris Giles on Central Banks
      Central banks lower the bar for rate cuts Premium content

      That is, as long as the data does not deliver a nasty surprise

      Montage including photos of Jay Powell, Christine Lagarde and Andrew Bailey
    • Tuesday, 2 April, 2024
      Central banks
      In charts: the quarter when central banks wrong-footed the markets Premium content

      Sticky inflation has unnerved financial markets, but officials have stood their ground

    • Tuesday, 26 March, 2024
      Claire Jones
      An interesting disconnect in US rate-cut expectations

      Economists and the Fed think similar things on what will happen to the US economy. So why is there a big gap in their expectations for interest rates?

      US Fed chair Jay Powell
    • Thursday, 21 March, 2024
      FT News Briefing podcast12 min listen
      Why inflation is sticking around

      The Federal Reserve left rates unchanged as the price of services remain high

    • Tuesday, 19 March, 2024
      Central banks
      Has inflation stopped falling? Premium content

      The concern stems from price rises in services remaining too high in some places

      Federal Reserve chair Jay Powell
    • Thursday, 14 March, 2024
      UK tax
      Searching in vain for the Laffer curve boost

      Analysis of the UK Budget suggests revenue gains from tax cuts are vanishingly rare

      Arthur Laffer, referred to by UK chancellor Jeremy Hunt during his Budget speech
    Previous page You are on page 1 Next page

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