Turkey’s Central Bank Slashes Interest Rates AGAIN as Inflation Soars Above 80%
to the shock of markets and the rest of the developed world, Turkey’s central bank cut interest rates once again,
Read more
Inflation
Jerome Powell Hikes Rates 75 Basis-Points, Signals More Economic Pain to Come
All markets and consumers were fixated on the outcome of today’s FOMC meeting, with bets going strong on whether the
Read more
Consumer Prices May Have Slowed in August, But Food Inflation Continues to Break Records
Both headline and core consumer prices may have slowed in August, but prices for things Canadians are purchasing the most—
Read more
Japan Concedes Authorities Likely Don’t Have the Tools to Combat Rapidly Falling Yen
The yen is falling sharply, further widening the country’s trade gap to a record, and Japanese authorities do not have
Read more
Biden Touts ‘Tentative Deal’ With Unions To Prevent Railway Shutdown: 24% Effective Wage Increase, US$11,000 Payment Each
US President Joe Biden is taking a victory lap after his administration put forth a ‘tentative deal’ with railway unions,
Read more
US Food Inflation Spikes To 43-Year High Yet Biden ‘Celebrates’ Inflation Reduction Act
The biggest disconnect today: US President Joe Biden touted the recently passed Inflation Reduction Act just after the country recorded
Read more
Canada’s True Heroes: Liberals Unveil $4.5 Billion Inflation Relief Package to Fight Inflation
Take a seat and don’t worry: inflation will be over before you know it! The Liberals are here with a
Read more
The Biggest Mismatch in History: Inflation Soars to Near Double-Digits, Economy Barrels Towards Recession… ECB Raises Rates to 0.75%
The European Central Bank finally decided to jump on the bandwagon of monetary policy panic, realizing the colossal money printing
Read more
Bank of Canada Delivers 75 Basis-Point Hike, Vows to Continue Raising Rates as Inflation Becomes Entrenched
What likely is not a surprise to markets anymore, the Bank of Canada raised borrowing costs by 75 basis points,
Read more
More Pain to Come: Bank of Canada Poised to Deliver Another Colossal Rate Hike Into Restrictive Territory
With inflation running at 40 year-highs, consumers face a tough road ahead. But, according to economists, the Bank of Canada
Read more