FOMC Preview: Will The Fed Hike The US Economy Straight Into a Recession?
With a sixth interest rate hike en route this week, some economists are sounding the alarm that the Fed will
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Inflation
Japan Government Announces Unprecedented Spending Package to Tackle Soaring Inflation, Weakening Yen
The Japanese government unveiled a new economic spending package to the tune of $270 billion, in a desperate effort to
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Australia’s Inflation Soars to 30 Year-High as Food and Energy Costs Skyrocket
Australian consumer prices soared by the most in over three decades as food and energy costs skyrocket. Latest data from
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US Economy Expands 2.6% Solely Due to Net Exports
The US economy appears to have climbed itself out of the recessionary slump evident in the first half of the
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ECB Delivers 75 Basis-Point Hike Regardless if it Causes Recession
The European Central Bank delivered another rate hike on Thursday, with plans to adjust the conditions of its extremely cheap
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Bank of Canada Hikes Rates 50 Basis-Points, Warns of Further Increases
As a surprise to markets, the Bank of Canada delivered a slightly smaller rate hike, this time raising borrowing costs
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NDP’s Jagmeet Singh Criticizes Bank Of Canada: “There’s No Merit To Their Approach”
NDP leader Jagmeet Singh is questioning the current set of anti-inflation solutions the Bank of Canada and the federal government
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EU Inflation Soars to Record-High Thanks to Skyrocketing Food and Energy Costs
It appears European consumers’ wallets won’t be getting a break anytime soon. Prices across the EU soared 10.9% year-over-year last
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Canadian Inflation Falls to 6.9% But Food Costs Continue to Skyrocket
Despite a rapid tightening of policy with more to come from the Bank of Canada, latest CPI figures show there
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Scotiabank Calls for 100 Basis-Point Rate Hike, Warns of Recession in Early 2023
Scotiabank is sounding the alarm over the downward trajectory of the Canadian economy, warning of a technical recession in early
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