Inflation has barely been within the Governor Philip Lowe’s target band his entire time in office. Zero inflation means he should cut now, before the election.
When an elected leader turns autocratic, the economy tends to suffer. That’s because, in a functioning democracy, economic policy is made jointly, with lawmakers playing a key role.
Millions of Americans will be shopping for turkeys in the coming days. An economist suggests a few things to keep in mind as you hunt for the perfect bird for your feast.
Emmerson Mnangagwa’s administration is struggling to overcome the national economic destruction wreaked on Zimbabwe over two decades under Robert Mugabe.
As Iran struggles under another round of international sanctions, a widening social gap is putting President Hassan Rouhani’s government under pressure.
It’s been 10 years since the U.S. signed into law a scheme to print money, essentially, and save the financial sector amid the sub-prime mortgage meltdown. Did it work? And who’s truly benefitted?
Venezuela recently devalued its bolivar by 95 percent to tame rabid hyperinflation that has been sending prices on everyday goods through the roof. If history is a guide, it won’t work.
US sanctions announced earlier this month may have triggered the plunge in the lira, but the government has been mismanaging Turkey’s economy for years, creating severe vulnerabilities.
The Trump administration is considering a change to how capital gains taxes are calculated that would save investors roughly $100 billion over a decade.