The Bank of England is shouldering government spending.
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If inflation follows economic recovery, the Bank of England may be hesitant to raise interest rates enough to hold it back.
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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.
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New Zealand’s housing market is ill designed to create the surpluses that would force down values. Only the state can change that.
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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.
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During the pandemic, there have been fewer claims on private health insurance. So why are premiums going up?
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Guaranteeing that it will overshoot its target for some time is the best way of getting inflation up.
Prices tend to go up over time.
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Inflation has been low, but if the Fed isn’t careful, keeping rates too low, too long could lead to runaway inflation.
Woman selling dried fish at the Benin City market.
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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.
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President Buhari’s Post COVID-19 economic recovery plan is neither novel nor ground-breaking.
Shopping under quarantine in Buenos Aires.
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Argentina’s new President Alberto Fernández has no easy option to address yet another crisis.
Rocks and hard places.
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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.
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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.
The rate cut didn’t calm investor nerves.
AP Photo/Richard Drew
The Fed cut interest rates by half a percentage point in hopes of calming investors. A finance professor explains why it seems to have failed.
CFA franc countries will no longer have to keep 50% of their foreign exchange reserves at the French Treasury.
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The decision by eight Francophone states to delink their common currency from France won’t be without challenges.
When looking at your paycheck, don’t forget about inflation.
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In his State of the Union address, Trump said workers are experiencing a boom in wages. The numbers say different.
As utilities upgrade their systems, some households are facing steep rate hikes for the cost of water.
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The prices households pay for drinking water and wastewater services have been rising faster than the rate of inflation.
Dark matter and gas in the universe. There may be more dark matter than we think.
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A study has suggested that the universe is curved like a sphere rather than flat, which may unleash a major crisis in cosmology.
Argentina’s president-elect, Alberto Fernández (right), with his running mate, former president and first lady Cristina Fernández de Kirchner.
Reuters/Agustin Marcarian
Argentina has voted for change. Alberto Fernández, a 60-year-old lawyer, defeated President Mauricio Macri with a campaign emphasizing economic recovery, social inclusion and national unity.