How high will interest rates go?

The world this week

  • Politics
  • Business
  • KAL’s cartoon

Leaders

How high will central banks go?

Interest rates may have to rise sharply to fight inflation

But the low-rate era is unlikely to come to a permanent end

Statistically significant

The Economist’s election modelling should cheer Emmanuel Macron

France’s president has a 79% chance of keeping his job

An icy chasm

Beijing’s Winter Olympics symbolise a world divided

The West has rightly concluded that buttering up China will not make it nicer

Free speech’s new frontier

What Spotify should learn from the Joe Rogan affair

The content-moderation wars have come to audio

Wrong man, wrong plan

The British government’s white paper on “levelling up” falls short

It fails to devolve enough power and money

Letters

On vaccine protests, the BBC, curling, quadratic voting, tipping

Letters to the editor

Briefing

Turning Japanese

Why the world is saving too much money for its own good

And why the pandemic is unlikely to change that

Europe

Economic & financial indicators

Graphic detail