From Promoting Economic Pluralism
The Bank of England has raised interest rates for the fifth time in a row to 1.25% and set the scene to act more “forcefully” ahead because of a mounting …
Fifth consecutive hike as interest rate raised to 1.25% by Bank of England Read More
LONDON — The Bank of England increased the key interest rate by 0.25 percent to 0.5 percent on Thursday, the first time since 2004 that it has implemented consecutive rate hikes. Of the …
Bank of England ups rates Read More
Polite descriptions of Turkish President Recep Tayyip Erdoğan’s economic policies go something along the lines of “unorthodox” or “going against the grain.” Put more bluntly, his ideas appear to tap into …
Turkey’s economic gamble Read More
Emerging economies spar with U.S. over ‘carbon colonialism’ from Politico: GLASGOW, Scotland — The United States, the European Union and the U.K. drew a sharp rebuke on Thursday from developing …
Friday 12th – this week’s top economic news Read More
New Zealand’s central bank has raised interest rates for the first time in seven years as it tries to rein in property prices and inflation. The Reserve Bank of New …
New Zealand raises interest rates for first time in seven years Read More
In his book, Building a Better world for All, former governor of The Bank of England Mark Carney, looks at value beyond dollars and demands your attention. Review by Guy …
Central concerns Read More
There’s a digital revolution in money on the way. Barry James reports. A major new disruption to global monetary systems, perhaps the greatest yet, is moving in fast from left …
Lose change Read More
Surging inflation is undermining the recovery of Africa’s biggest economy, pushing 7 million Nigerians into poverty and encouraging criminality as rising prices deplete already meager incomes, according to the World …
Surging inflation in Nigeria fuels crime wave – World Bank Read More
The COVID-19 pandemic and consequent economic crisis have indelibly altered our daily lives. One of the profound changes has been the acceleration in the shift towards digital payments, as customers avoided cash …
International cooperation and the era of digital currency growth Read More
The duties of a central bank are ever expanding: Lender of last resort, financial regulator, macroeconomic manager… affordable housing agency? That’s the case now in New Zealand, where prime minister …
New Zealand’s central bank is being asked to tackle a housing crisis Read More