If the proposed public sector wage freeze is aimed at improving the lot of lower paid workers, there are better alternatives the government should consider.
A woman walks past the Bank of Canada building in Ottawa in September 2017.
THE CANADIAN PRESS/Adrian Wyld
Unconventional policies can be used to alleviate — instead of exacerbate — inequality, something Canadians are clamouring for. The Bank of Canada needs to rediscover its former innovation zeal.
Inflation, interest rates and booming mining royalties give the Morrison government scope to ignore the deficit daleks.
A real estate sold sign is shown in Oakville, Ont., in December 2020. Real estate and farmland are traditional hedges against inflation.
THE CANADIAN PRESS/Richard Buchan
Crude is key to inflation. Here’s why has it been going up so much.
Since its creation in 1999, the inflation rate in the euro zone has only exceeded 4 percent for a few months, on the eve of the Great Recession of 2008.
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Massive stimulus plans combined with rising production costs could lead to expectations that inflation will rise. And that alone could trigger an inflationary spiral not seen in 25 years.
Yes, the bank would effectively pay you to borrow money. But negative interest rates won’t please savers, nor will they meet the big challenges of economic recovery.
Massive borrowing to fund NZ’s economic recovery due to COVID-19 cannot be written off without the risk of worsening the crisis it was designed to meet.
Although COVID-19 measures have had a negative impact on food supply in Nigeria, there are other factors responsible for the dramatic rise in food prices.
Central bank (in the background) can no longer perform its function of being the lender of last resort.
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Zimbabwe wants to issue a sovereign bond to raise $3.5 billion it has agreed to pay as compensation to white farmers, but the economic and political conditions aren’t conducive to such an issuance.
President Muhammadu Buhari raises his fist during an inspection of honour guards on parade to mark Democracy Day in Abuja, on June 12, 2019.
Pius Utomi Ekpei/AFP via Getty Images