The latest consumer prices report shows cost of living is still rising far above the Fed’s target. But don’t expect monetary policymakers to aggressively hike rates.
People queue outside a bank in Lagos on February 22, 2023. Nigeria was hit with a scarcity of cash after the central bank began to swap old Naira notes for new bills.
Patrick Meinhardt / AFP
The collapse of a US bank is the latest crisis for central banks to deal with. But rather than being saviours of the global economy, what if they are actually a big part of the problem?
Central banks have been signalling that rate rises are going to get more aggressive again, but can the economy actually take it?
A change in food prices might immediately address the lack of economic access to food but will not address the root causes of food insecurity.
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What will happen to the euro zone’s rising prices in 2023? Here’s an overview of the factors which might influence inflation’s acceleration or deceleration.
In October, Loblaw announced a price freeze on one of its in-store brands through a letter from Loblaw Companies chair and president Galen Weston. The promotion ended on Jan. 31.
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Reserve Bank of Australia governor Philip Lowe is unrepentant about the prospect of further interest-rate rises. In fact, he says there’s a risk the bank is not doing enough.
A food vendor in Bulawayo, Zimbabwe. The rise in food prices has begun to ease in the country.
Photo by Zinyange Auntony/AFP via Getty Images
The Reserve Bank of Australia tips economic growth to slow, inflation to remain high, spending to stagnate, unemployment to increase and real wages to fall further.
In this podcast, Michelle and politics + society editor Amanda Dunn discuss the RBA rate rise, Lidia Thorpe's defection to the crossbench and the ongoing Voice debate
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation’s 29-member panel expects very weak economic growth and recessions in much of the rest of the world, but there’s good news down the track for Australians’ buying power.