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Global Economy

News, statistics and insights relating to the global economy

World Bank seeks to provide further USD 350 million loans to Ukraine

The World Bank is aiming to fast track the process to provide Ukraine an additional USD 350 million loan in the next few days, or as soon as the end of this week, Reuters cited people familiar with the plans.

The Most Important Question Jay Powell Need to Answer – Where is the Saturated...

The most important question for the 30th Jan Fed meeting balance sheet policy, because it is also most underrated by the market.

US CPI decelerates further in March to close 2 year low

Consumer price index grew for March 5% over the past year, reaching the lowest level since May 2021. Nonetheless, Core CPI recorded a 5.6% increase, up from 5.5% in February.

G20 finance officials to discuss debt, funding to low-income countries in India

G20's economic officials will gather in India next week to discuss ways to boost lending to developing countries from multilateral institutions and to reform the international debt system, Reuters cited unnamed Indian officials.

Canada unemployment rate rises to 5.8% as labor force continues to grow

Statistic Canada on Friday reported that Canada's unemployment rate rose to 5.8%,, reaching the highest since the start of 2022.

US Core CPI rises 3.9% in January

Core CPI: 3.86% YoY (Dec: 3.93%) | 0.39% MoM (0.28%)

Bank of Canada continues to hold rate at 5% as underlying inflation still shows...

Governor Macklem said the "Governing Council’s discussion of monetary policy is shifting from whether our policy rate is restrictive enough to restore price stability, to how long it needs to stay at the current level"

US CPI inflation rebounds in Dec to 3.4%

Core CPI inflation continues to decelerate to 3.93%

UK retail sales rebounds 3.4% in Jan after dismal Christmas figures

UK retail volume rose 3.4% MoM in January, after it dropped by 3.3% in December

How will the shutdown impact GDP growth?

The effect is shown differently on nominal and real GDP

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