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
We could welcome the news that prices have been rising much more slowly since the coronavirus pandemic – or we could get nervous.
The Bank of Canada has agreed to buy some of the new debt that provinces are taking on to deal with the coronavirus pandemic. It’s time for the central bank to do even more.
THE CANADIAN PRESS/Adrian Wyld
It’s time for the Bank of Canada to do more to help provincial governments deal with the financial fallout of the coronavirus pandemic.
Prime Minister Justin Trudeau addresses Canadians on the COVID-19 pandemic from Rideau Cottage in Ottawa on March 26, 2020.
THE CANADIAN PRESS/Sean Kilpatrick
Given the structural limitations of Canadian federalism, the use of the Emergencies Act during the coronavirus pandemic could cause conflict between provincial and federal governments.