Put to the test in the past two years, the idea of a “natural” rate of unemployment has failed. There’s no need to push unemployment up to any particular rate to bring down inflation.
Central bankers, policymakers and academics meet annually at Jackson Hole, Wyoming to discuss the economy.
Sarah Hollemans/Shutterstock
With an inflation rate peaking at just 4.4%, Japan seems to be getting something right about managing economic pressures. How does it do this, and should New Zealand revisit its own strategies?
Inflation continues to defy Zimbabwe central bank efforts
Getty images
Many Canadians are puzzled by food prices remaining high despite the Bank of Canada’s efforts to curb inflation. If interest rate policies aren’t bringing food prices down, then what will?
Inflation has slipped faster than the Reserve Bank thought it would, and the underlying rate is down to 5.4%. The bank is likely to tread cautiously from here on.
In 2022, government launched one million rice paddies, stacked in 15 pyramids, but the country’s food crisis has persisted.
Kola Sulaimon/AFP via Getty Images
Peter Martin, Crawford School of Public Policy, Australian National University
Even a week ago we couldn’t have predicted this. But after good news from the US, our Reserve Bank now has a chance to cement low unemployment while controlling inflation – without more rate rises.
A cyclist passes by the Bank of Canada building in Ottawa on July 11, 2023.
THE CANADIAN PRESS/Sean Kilpatrick
The Measuring What Matters statement will be around the themes of “healthy, secure, sustainable, cohesive, and prosperous”, Chalmers said in a speech in Melbourne delivered late Tuesday
By only focusing on how to keep food costs low, we risk ignoring the underlying causes of why people cannot afford food in the first place.
(Ashley Jean MacDonald)
Many people are experiencing the sticker shock of higher prices at grocery stores. But the amount we pay for food often does not reflect the real social, environmental and human costs of production.
Is ‘drinkflation’ a thing?
Cast Of Thousands/Shutterstock