Edited by Simisola Fagbola, Econoday Economist The Economy Monetary policy The Bank of Canada, as expected, left its target interest rate unchanged at 2.75 percent, as the central bank adopts a more cautious posture in [...]
Edited by Simisola Fagbola, Econoday EconomistThe EconomyChinese InflationChina's headline consumer price index fell 0.1 percent on the year in March after dropping 0.7 percent in February and fell 0.4 percent on the month after a [...]
The US economy is experiencing a variety of shocks coming out of rapid and massive alterations in government at the federal level, sweeping changes to trade and tariff policy, and dislocations in previously allocated federal [...]
Edited by Simisola Fagbola, Econoday EconomistThe EconomyInflationYear-over-year, Germany’s inflation rate in March is estimated to decelerate to 2.2 percent from 2.3 percent the previous month, indicating a continued easing of price pressures compared to the [...]
Edited by Simisola Fagbola, Econoday EconomistThe EconomyInflationThe latest UK inflation report reveals a slight easing in price pressures, with the consumer price index rising by 2.8 percent in February on a year-over-year basis, down from [...]
There are two special factors to keep in mind for consumer spending in March and April. The two roll around at this time every year but are particularly acute in 2025.The first is the timing [...]
The EconomyMonetary policy The Bank of Japan's nine-member board voted unanimously to maintain the target for overnight interest rate at 0.5%, as widely expected, after voting 8 to 1 to raise the policy rate by another [...]
In May 2022, the FOMC announced a program to reduce the size of its holdings of US treasuries and agency mortgage-backed securities which had ballooned to just over $8.5 trillion in May 2022 at the [...]
The Trump administration on Monday nominated Fed Governor Michelle Bowman as the next Federal Reserve vice chair for Supervision. Her nomination is likely to proceed with speed and her confirmation is virtually assured. Governor Michael [...]
The EconomyMonetary policy The Bank of Canada, as expected in the Econoday consensus forecast, again cut its target interest rate by 25 basis points from 3.0 percent to 2.75 percent, as the central bank shifts its [...]
