Wildfires are hurting many industries and could strain households across Canada, one of many countries reckoning with the impact of extreme weather.
Category: Economic Conditions and Trends
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At the Front Lines of the Inflation Fight, Uncertainty Reigns
Central bankers and economists gathered this week and, amid concerns about persistent inflation, wondered about all the things they still don’t know.
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Can China Export Its Way Out of Its Economic Slump?
No country has had more export success than China. But Beijing faces risks in turning to the tested method of selling more abroad.
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Inflation Is Proving Persistent as It Moves Through the Eurozone Economy
Christine Lagarde, the president of the European Central Bank, called for more “more persistent policy” to stifle price rises.
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Bank of England’s Critics Multiply After Interest Rate Increase
Pressure is building in Britain for the bank’s governor, Andrew Bailey, to show that policymakers have a handle on the inflation problem.
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Bank of England Pushes Interest Rates Up by a Half Point
The central bank raised rates more than expected as inflation shows signs of persistence in Britain.
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China’s Central Bank Cuts Loan Prime Rates
The reduction in the rates, which are used to set corporate loans and home mortgages, signal concern that the country’s post-pandemic rebound is stalling.
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China’s Economic Rebound Hits a Wall, With ‘No Quick Fix’ to Revive It
Policymakers and investors expected China’s economy to rev up again after Beijing abruptly dropped Covid precautions, but recent data shows alarming signs of a slowdown.
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Is Beyoncé Linked to Sweden’s Inflation? An Economist Says So.
As fans from around the world spent money to witness the kick off of the star’s tour in Sweden, they may have caused the country’s inflation rate to stay higher than expected.