Fed’s Collins Says Uncertainties Point to Slower Cuts in 2025
Federal Reserve Bank of Boston President Susan Collins said a slower approach to adjusting interest rates is merited now as ...
Pound plumbs 14-month low, rattled by gilt market rout
The pound hit its lowest since late 2023 on Thursday, under pressure from a selloff in global bonds that has driven the UK ...
Inflation worries in US, deflation tension in China: Two tales of two biggest economies
While the US economy wrestles with inflation, China is battling deflation. One power is navigating persistent price pressures, the other struggling to reignite consumer demand ...
Don't count on Bank of Canada to bail out economy if tariffs imposed, economists say
The Bank of Canada’s policy rate currently sits at 3.25 per cent, after two consecutive half point cuts in October and December of last year. The rate now sits at the upper band of the central bank’s ...
Middle-class Americans aren’t keeping up with the cost of living — and some experts say US government policy is to blame. Is that fair?
Pew Research Center data finds that between 1971 and 2023, the share of Americans considered middle class fell from 61% to 51 ...