International - Financial Times - Credit Squeeze

But it has shocked Kevin Hassett to his very core

Data increases odds of a BoE rate reduction as soon as next month

Spanish government seeks ‘influential and meaningful position’ at helm of Eurozone central bank

Also in today’s newsletter: JPMorgan plans expansion of branch network and Peru’s Congress removes the country’s interim president

A decline in food, fuel costs and air fares pulled the headline rate sharply lower to 3% in January

Oil, natural gas and synthetic diamond facilities worth a combined $36bn mark crucial progress on pledged financing

The emissions trading system has been a success so far but the next phase will be harder to pull off

Two decades after he wrote it, an economics professor’s thesis is still one of this century’s most prescient

More Fed history (sorry), briefly put

Raising payroll taxes and the minimum wage has hurt young workers

Youth joblessness surges to highest in over a decade

The question is whether it is turning European or Australian. Also in this newsletter, all change in Eurozone labour markets

Also in today’s newsletter: Big Oil executives under pressure to spell out growth plans and civil rights activist Jesse Jackson dies

And neither is inflation

Also in this newsletter: EU cyber chief warns that criminals increasingly are copying state actors’ tactics

Consensus is building that weak job growth reflects immigration crackdown rather than soft demand

Rate-setters split on long-term impact of Budget measures aimed at cutting cost of living

The Fed might cut rates despite a healthy economy and a weakening dollar

The conventional view has struggled to contend with robust economic growth

How and on what basis the continent’s governments can secure financing should not be based on external discretion