The overnight Bank of Canada policy rate has remained unchanged at 5%. The decision by the Bank is accompanied by…
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Federal Reserve Chairman Jerome Powell has re-affirmed the central bank’s commitment to its 2% inflation mandate. This mandate comes as…
The pursuit of Canada Universal Basic Income Program has taken a significant step forward. The national finance committee in the…
Leading economists and central bankers concur that higher for longer rates are creating uncertainty in global markets. Over the past…
Stocks started the day on a positive note as major US banks reported robust earnings. This report comes while the…
Governor Michelle Bowman says there is a need to raise interest rates more. She suggests the FED may maintain higher…
In the recent inflation news, the IMF’s global economic outlook highlights the prevalence of stubborn inflation, necessitating sustained efforts to…
Recent history shows that anticipating a smooth landing often precedes unexpected challenges. This discomforting reality currently confronts the United States…
Some of Neel Kashkari’s apprehensions result from the observation that industries usually impacted by rate hikes currently show resilience to…
Rising soft commodity prices, such as orange juice and live cattle, are adding complexity to the inflation scenario. Weather-related damage…