A man butters a dinner roll as he eats a Thanksgiving meal at the Ottawa Mission in Ottawa in October 2023. Food insecurity is on the rise in Canada, particularly in households with children.
THE CANADIAN PRESS/Justin Tang
The persistence of food insecurity in Canada is a policy choice. By not doing more to improve the adequacy and stability of household income, governments are choosing to let food insecurity fester.
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Prices remain high and there is much more the government could do to help people.
Another reason to be fearful.
Golden Dayz
So you thought raising interest rates brought down inflation? The reality is a bit more debatable.
Asanka Brendon Ratnayake/AAP
The governor’s remarks about the board “not hesitating” to raise rates further aren’t as clear cut as they seem.
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Inflation has slipped from 6% to 5.4%, but the price of petrol climbed 7.2% in the September quarter. Much depends on what the RBA thinks will happen from here on.
Pain, no gain? Bank of England Governor Andrew Bailey.
IMF
We need to start cutting rates, but there’s something that has to happen first.
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There’s a need to support production and efficiencies in supply and distribution of essential goods and services in Kenya.
The Bank of England (headquarters on the left) is expected to hold interest rates, causing investors to sell UK bonds.
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Rates are now higher than after Liz Truss’s 2022 mini-budget.
RBA Governor Michele Bullock.
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Petrol prices have pushed inflation up. At its next meeting, the Reserve Bank board is going to have to decide if that warrants an increase in interest rates.
Radical conservative Javier Milei is ahead in polls to become next president.
EPA
The IMF’s US57 billion bailout to Argentina in 2018 was the biggest loan it has ever extended.
Lukas Coch/AAP
In this podcast, Treasurer Jim Chalmers canvasses inflation, migration, the cost of living pressures on households and concerns about China’s economy
Bank of Canada governor Tiff Macklem holds a news conference at the Bank of Canada in July 2023.
THE CANADIAN PRESS/Sean Kilpatrick
Why is monetary policy outside the realm of politics? What are the social ramifications of our current monetary policy system? What alternatives exist?
Florida Gov. Ron DeSantis and entrepreneur Vivek Ramaswamy debate the finer points.
Justin Sullivan/Getty Images.
With Donald Trump absent again, Republican presidential hopefuls took potshots at each other but agreed that Bidenomics isn’t cutting it.
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The government wants offshore wind to form the backbone of the UK’s future electricity system – but a key auction has delivered no new projects.
Bank of England Governor Andrew Bailey.
Associated Press/Alamy
The bank’s review into its failure to predict the inflation surge misses a second equally important blunder a few months later.
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Universities face growing costs but no prospect of increased funding.
Federal Reserve Board Chair Jerome Powell is watching the data.
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News of a soft landing may be premature.
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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.
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The world’s central banks face a range of dilemmas, not least whether high inflation – and therefore high interest rates – will become permanent.
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CEO pay often attracts more outrage than footballers’ record wages – what does this say about the value we place on different jobs and skills?