Japan’s central bank could look past Middle East uncertainty and raise interest rates if inflation becomes a bigger threat to the economy than the risk […]
Category: Economy
The U.S. has proposed tariffs of at least 10% on many trading partners following an investigation into goods allegedly produced by forced labor
The Office of the U.S. Trade Representative said products of Canada, Mexico, Taiwan, the EU and the U.K., among other countries, would face a 10% […]
OECD Warns of Severe Global Slowdown If Middle East Conflict Is Prolonged
Should the disruption to energy production and shipping stretch well into next year, global growth could slide to 2.1% in 2026—the weakest this century outside […]
Australia’s Economic Growth Slows
Australian economic growth slowed in the first quarter of the year, when the central bank started raising interest rates and the Middle East conflict sent […]
Hammack Says Fed May Need to Respond if Inflation Persists
Cleveland Fed President Beth Hammack, a voting member this year, said policy may not be restrictive enough to bring inflation to 2%. Source link
Fed Chairman Kevin Warsh has tapped two outside associates to advise him, one of whom previously helped write a conservative blueprint that recommended a radical restructuring of the central bank
One of the new advisers to the new Fed chairman previously helped write a chapter for Project 2025, the conservative policy blueprint, that recommended a […]
There are signs of economic weakness in Canada, Prime Minister Mark Carney said, arguing this reflects policy decisions made since he came to power that have been aimed at rewiring the economy to deal with U.S. tariffs.
There are signs of economic weakness in Canada, the prime minister said, arguing this reflects policy decisions that have been aimed at rewiring the economy […]
BOE’s Greene Says Case for Rise in Key Interest Rate is Growing
The case for raising rates, which were left unchanged in April, grows stronger the longer the conflict in the Middle East continues, said Megan Greene. […]
U.S. Job Openings Increased While Hiring Fell in April
U.S. job openings increased to 7.6 million in April, from 6.9 million in March. Meanwhile, the hiring rate worsened to 3.2% in April from 3.5% […]
Eurozone Inflation Climbs Further, Paving Way for ECB Rate Hike
Inflation rose to 3.2% in May, a fourth-straight increase and the highest level since September 2023. Source link