This week’s strong growth in full-time employment shows a robust labour market. This only deepens the puzzle of why inflation is so low at the same time.
Inflation reached 800% in Venezuela. Here, a banknote featuring president Nicolas Maduro’s face has been stamped as ‘devalued’.
Jorge Silva/Reuters
How is a country that was once South America’s richest now on the verge of bankruptcy? A Venezuelan economist breaks down his country’s descent into chaos.
The Federal Reserve lifted rates for the second time this year and expects to do so once more, suggesting it’s fairly confident the economic recovery will continue. Is it overconfident?
South Africa’s Reserve Bank Governor Lesetja Kganyago.
Reuters/Rogan Ward
The South African Reserve Bank has come under spotlight due to the critical role it must play in enabling the country to navigate rough waters. Governor Lesetja Kganyago shares his views.
Australian Treasurer Scott Morrison says the budget papers will make a formal distinction between ‘good debt’ and ‘bad debt’.
Julian Smith/AAP
The education minister says that under Labor there were child care price spikes of up to 14% over a 12 month period, but under the Coalition those have fallen to “around 6% on average”. Is that right?
Fed Chair Janet Yellen discusses the change in rates.
Alex Brandon/AP Photo
The Fed left interest rates unchanged but said improving economic data means it will likely lift them later this year. We asked two scholars – and ex-Fed officials – if it was the right call.
Employment growth remains flat, despite hopes for improvement.
Daniel Oines/Flickr