Inflation soared 6.2% in October from a year earlier, the fastest pace since 1990.
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Against all speculation, the bank decided to hold the base rate at all-time lows for another month.
Nigeria must remove fuel subsidies and channel the funds to critical sectors of its economy.
The Federal Reserve decided to slow its pace of bond-buying, potentially the beginning of the end of a program that’s been supporting the economy since March 2020.
Research finds a link between rising temperatures and inflation.
The Bank of England is weighing up the costs of a change.
Extreme weather is already having an influence on global food prices.
Inflation in the UK in August rose at the highest rate in a decade.
Central bankers are expected to discuss the racial income and wealth gaps during the virtual Jackson Hole retreat. But an economist argues that the Fed is not suited for addressing these issues.
Interest rates, inflation and huge debts will all be up for debate.
Central banking was given to technocrats whose job is to make the difficult decisions. But there are parameters. And within these, central bankers must act independently, without fear or favour.
Consumer spending fuelled by credit cards and bank loans has become central to economic growth, but it wasn’t always.
The unemployment decline isn’t as impressive as it first appears, and wages growth remains sluggish.
The independence of Australia’s central bank doesn’t make it infallible. It should welcome peer review.
Much of the jump in inflation from 1.1% to 3.8% is transient, and the lockdown in NSW will suppress what’s left. But even if you still fear inflation, there are things you can do.
We spend more on alcohol than we’ll admit, less on electricity and gas combined than we think.
How the cost of what we eat rises and falls.
How scientists are planning to listen to the sound of the big bang with a gravitational wave detector that would fit in a kitchen.
South Africans should not panic about the food system. But authorities will need to act swiftly and assertively to restore stability.
IMF programmes run the risk of having too many conditions. This may drive countries into financial disaster. And back to the IMF again.
Kontributor teratas
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Professorial Fellow, University of Canberra
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Professor of Economics, UNSW Sydney
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor of Economics & Business, Allegheny College
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Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
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Associate Professor of Markets, Public Policy and Law, Boston University
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Senior Lecturer in Economics, The Open University
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Visiting Professor at the Business School, University of the Witwatersrand
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Associate Professor of Finance, Mississippi State University
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Professor of Economics, University of Nebraska Omaha
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Senior Lecturer, Research School of Economics, and Research Associate, Centre for Applied Macroeconomic Analysis, Australian National University
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Associate Professor of Economics, Pace University
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Senior Lecturer in Economics | Freelance Consultant, Sheffield Hallam University
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Associate Professor in Economics, University of Leeds
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Lecturer in Economics, Monash University
