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monetary policy

Opinion | With US rate cuts on the horizon, the glass looks half full again

by Walter Watson
Opinion | With US rate cuts on the horizon, the glass looks half full again

A day before the Jackson Hole symposium, the Fed released the minutes of its latest Federal Open Market Committee meeting, which left US interest rates unchanged at 5.25-5.5 per cent. …

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US Fed chair says ‘the time has come’ to start cutting interest rates

by Walter Watson
US Fed chair says ‘the time has come’ to start cutting interest rates

US stocks rose on Powell’s remarks, with all three major indices on Wall Street up sharply at around 10am local time in Washington (1400 GMT). The annual economic symposium in …

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Unemployment rate unchanged in July, though jobless rate for young people continued to rise

by Anas Siddiqui
Unemployment rate unchanged in July, though jobless rate for young people continued to rise

Canada’s economy shed 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent, Statistics Canada said on Friday. Employment fell in wholesale and retail trade, which shed …

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FM Nirmala Sitharaman to Present Union Budget Shortly

by Judith Hall
FM Nirmala Sitharaman to Present Union Budget Shortly

Home Education Education Budget 2024 LIVE: FM Nirmala Sitharaman to Present Union Budget Shortly live Budget 2024 For Education Sector LIVE: As the Union Budget 2024 approaches, the education sector …

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10 Interesting Facts About Union Budget Every Student Must Know

by Judith Hall
10 Interesting Facts About Union Budget Every Student Must Know

Home Education Budget 2024: 10 Interesting Facts About Union Budget Every Student Must Know Union Budget 2024: The Union Budget is a vital financial document detailing the government’s revenues and spending …

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Australia’s central bank says current policy causes households pain

by Walter Watson
Australia’s central bank says current policy causes households pain

Australia’s central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not rule out further tightening …

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The Bank of Canada’s growing list of worries

by Anas Siddiqui
The Bank of Canada’s growing list of worries

For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes …

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Will China’s fleet of policies to buoy housing sales stem slack tides in the property market?

by Anas Siddiqui
Will China’s fleet of policies to buoy housing sales stem slack tides in the property market?

But even with this shift in approach, observers did not seem ready to declare the end of the crisis in sight. “It is really too small to make more than …

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Hong Kong’s Swap Connect hailed as ‘last important piece of the puzzle for overseas investors entering China’

by Anas Siddiqui
Hong Kong’s Swap Connect hailed as ‘last important piece of the puzzle for overseas investors entering China’

“The proposed enhancements will help further support the continued development of onshore financial markets,” said Charles Lam, Citi’s head of markets for Hong Kong. “As such, we would expect to …

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Walmart bubble due to high-income grocery spending, warns Bill Simon

by Walter Watson
Walmart bubble due to high-income grocery spending, warns Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns …

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