MONETARY POLICY

Turkey’s Inflation Soars to 68.5%

Turkey's inflation rate surged to 68.5% in March, marking a slight increase from February's 67.1%, as reported by the Turkish…

8 months ago

Japan Bids Farewell to Negative Interest Rates

In a significant policy shift, the Bank of Japan (BOJ) has ended its eight-year experiment with negative interest rates, initiating…

8 months ago

Bank of England Holds Firm on the Interest Rate

The Bank of England has signaled a tough road ahead for the UK, maintaining interest rates at 5.25% amidst a…

1 year ago

Bank of England’s Interest Rate Riddle: Balancing Inflation and Growth!

The Bank of England's Governor, Andrew Bailey, recently made headlines by suggesting that interest rates are nearing their peak, although…

1 year ago

U.S. Retail Sales Surprise with July Jump!

In July, the U.S. retail sales report showed a surprising increase, despite the inflationary pressures and a series of Federal…

1 year ago

China’s Central Bank Cuts Reserve Ratio to Boost Economic Recovery

In a move to bolster its economic recovery, China's central bank, the People's Bank of China (PBOC), announced on Friday…

1 year ago

Inflation Takes a Breather: US Sees Lowest Annual Rate in Over Two Years

The inflation rate in the United States receded in May to its lowest annual rate in over two years, as…

1 year ago

Argentina’s Central Bank Hikes Interest Rate to 97%!

In a bold move to combat climbing inflation, Argentina's Central Bank has escalated its key interest rate by a steep…

2 years ago

Nestle planning another price increase

Nestle, one of the world’s largest food and beverage companies, is planning to increase prices again this year as they…

2 years ago

Central Bank of Sri-Lanka raises the interest rate to curb inflation

As inflation spikes throughout the Sri-Lankan economy, the central bank has responded by increasing the interest rate from 5.5% to…

3 years ago

Monetary easing to free up $188 billion for Chinese banks

The People's Bank of China, China's central bank, announced this week that they would reduce the current reserve requirement ratio…

3 years ago

South Africa: an economy in lockdown is an economy in freefall

The economic impact of Covid-19 has been devastating and wide-reaching. One country which is suffering significantly is South Africa, where…

4 years ago

Deflation in Canada: why economists will tell you that falling prices is not something to be happy about

The inflation rate in Canada entered negative territory in April, as year-on-year inflation was measured at -0.2%. This essentially means…

5 years ago

UK government to step in and pay people’s wages

In yet another unbelievable day of economic policy in action, the chancellor of the exchequer, Rishi Sunak, announced yesterday the…

5 years ago

Interest rate in the UK has been cut to lowest in history – what a time to be studying economics!

For the second time in a week, the Bank of England has cut interest rates in an attempt to rescue…

5 years ago

Now this is monetary policy: US Federal Reserve is throwing everything it’s got at the coronavirus

In an unprecedented move today, the US federal reserve, which controls and coordinates American monetary policy, has announced a cocktail…

5 years ago

Now is the time to borrow: Bank of England slashes interest rates to 0.25%

In an attempt to combat the economic fallout caused by the outbreak of the coronavirus, the Bank of England has…

5 years ago

Corona Credit Crunch for many Chinese businesses

With millions of people in self-imposed quarantine across China and severe travel restrictions, small and medium sized businesses could be…

5 years ago

UK interest rate looks set for a reduction

In the UK, interest rates are set by the Monetary Policy Committee (MPC), a group of nine central bankers who…

5 years ago