Structural shifts demand a new central banking mindset by Vivekanand Jayakumar, The Hill, July 21, 2026
https://thehill.com/opinion/finance/5979598-monetary-policy-paradigm-shifts/
While the primary objective of most central banks — maintaining price stability — remains unchanged, the post-pandemic economic landscape has evolved in ways that require policymakers to rethink how monetary policy is designed and implemented.
Brazil faces unforgiving economics after election
https://www.ft.com/content/d47f9b39-9e78-4034-97a2-1ca8e07e27e8
For investors, that is a reason for engagement, not despair. Brazil trades at humbling valuations. It has some of the world’s highest real interest rates and the currency is at near record lows with the real down 70 per cent over the past 15 years despite an 8 per cent bounce over the past year. If it gets the sequence of economic management right — consolidation, disinflation, then building growth — the country is a compelling opportunity.
Miami Is Losing Its Claim to a Cheaper Cost of Living than NYC
https://www.fa-mag.com/news/miami-is-losing-its-claim-to-a-cheaper-cost-of-living-than-nyc-87807.html
For the first time on record, the Miami metropolitan area is more expensive than greater New York City. South Florida’s consumer price index has jumped 36% since 2019 according to figures released this month, more than any of the other metropolitan areas tracked by the US Bureau of Labor Statistics with the exception of Tampa, Florida, four hours away. And Miami’s cost of living has surpassed New York’s, according to the US Bureau of Economic Analysis’s latest annual price-comparison report, which examined 2024 data.