Canadians are bargain-hunters when it comes to food, and so food manufacturers try to keep prices low. But does that mean they should engage in ‘shrinkflation?’
If the RBA continues to sacrifice its inflation target on the altar of financial stability risks, inflation expectations and our wages growth will continue to languish.
Canada’s bricks-and-mortar grocery stores are in trouble due to stagnant food prices and changing consumer preferences. More grocery store closures are likely on the horizon.
Chinese President Xi Jinping spoke of plans to further open up the Chinese economy this week - and the world economy should hope US president Trump feels vindicated by this.
While many market observers blame growing concerns about inflation for the stock market crash, the real culprit may be fears that the economy is about to slow.
While many market observers blame the growing threat of inflation for the stock market crash, the real culprit may be concerns that the economy is about to slow.
New Zealand’s new government wants the central bank to focus on maximising employment. But experience from other countries shows this is unlikely to change policy.
A new report suggests the board of the Reserve Bank of Australia should income a “representative of the poor”. This is a proposal worthy of consideration.