Canada’s latest jobs report delivered an unexpected boost in employment, dimming hopes for quick interest rate cuts. This robust labor market highlights the Bank of Canada’s careful approach amid ongoing inflation concerns
Browsing: inflation
The Bank of Japan is preparing to possibly raise interest rates at its December meeting, the Chief Governor revealed, signaling a major departure from the central bank’s decades-long ultra-loose monetary policy
Italy’s EU-harmonised Consumer Price Index (CPI) for November dipped to 1.1% year-on-year, coming in below expectations, according to TradingView data. This cooling trend signals a welcome easing of inflationary pressures as the year winds down
Argentina’s inflation surged just ahead of the pivotal midterm elections, ramping up the pressure on the government to confront soaring prices and mounting economic uncertainty, Bloomberg reports
The Bank of Canada considered delaying its October rate cut, internal discussions reveal. Officials carefully weighed the timing amid economic uncertainty, signaling a cautious approach before their next monetary policy decision
A cooling UK labour market is fueling new buzz that the Bank of England might soon cut interest rates. As wage growth slows and unemployment climbs, expectations for monetary easing are building rapidly
China’s deflationary spiral is inflicting far deeper economic damage than official numbers suggest. As prices continue to plunge, consumer spending and investment are taking a major hit, sparking growing worries about the stability of the nation’s delicate recovery
The Peterson Institute highlights Argentina’s credibility trap, where persistent economic turmoil and constant policy reversals chip away at investor confidence, making it ever harder to achieve stable growth and attract foreign investment
Javier Milei’s economic policy in Argentina champions bold free-market reforms, sweeping tax cuts, and extensive deregulation designed to tame inflation and spark powerful economic growth. Yet, critics warn that these swift changes might bring serious social challenges
Australia’s unexpected surge in inflation has ignited fresh concerns, as markets now brace for a possible interest rate hike looming ahead. Economists and consumers alike are preparing for the hurdles that tighter monetary policy could introduce
Germany’s economy came to a halt in Q3, igniting fresh fears of an impending recession. The flat GDP highlights growing challenges from global uncertainties and domestic hurdles, ramping up urgent demands for bold policy measures to avoid a prolonged downturn
Spain’s inflation rate jumped from 2.9% to 3.1% in October, spotlighting the relentless upward pressure on prices. This increase highlights the continuing economic hurdles driven by volatile global markets
The Bank of Canada has just cut its key interest rate to 2.25%, hinting at a potential pause in future cuts for now. This calculated step aims to strengthen the economy as it faces ongoing challenges, CBC reports
Australia’s annual inflation surged dramatically to 3.2% in the September quarter, up from 2.1% in June. This steep climb, driven by soaring fuel and food prices, underscores the growing cost-of-living challenges facing households, the Australian Broadcasting Corporation reports
Despite ambitious economic reforms, Argentina still struggles to regain investor trust. Persistent inflation, rising debt concerns, and unpredictable policies continue to spark skepticism, leaving foreign capital wary and reluctant to come back
Japan’s Economy Minister Takaichi passionately urged the Bank of Japan to focus on achieving inflation by ensuring steady wage growth, emphasizing that boosting household income is key to powering a robust economic recovery
The Bank of Canada uncovers a cautious atmosphere among businesses and consumers ahead of its upcoming rate decision, spotlighting rising concerns over economic growth amid persistent inflation challenges
This week, investors are on high alert as key data drops, featuring CPI numbers from the US, UK, Japan, and Canada, along with the Flash Global PMIs. Attention is also riveted on Japan’s crucial upper house election. Markets are gearing up for significant shifts as inflation trends and growth indicators take center stage
Australia’s central bank labels its monetary policy as “little restrictive,” showcasing strong confidence in the nation’s economic growth despite persistent inflation concerns. This cautious stance signals potential future moves designed to sustain a steady and resilient recovery
Japan Inc is placing its bets on the new government to spark robust economic growth and tame inflation, a Reuters poll reveals. Businesses are eagerly awaiting bold policy actions to rein in soaring costs and drive a powerful recovery amid persistent global challenges