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Global Economy

News, statistics and insights relating to the global economy

Derivatives’s Credit Terms in Eurozone Tighten Further

The latest SESFOD shows that the credit terms offered to counterparties for both securities financing and OTC derivative transactions is further tightened.

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.

ECB on impact of Coronavirus (March 2)

Luis de Guindos, vice president of the European Central Bank, depicted the coronavirus as an additional " layer of uncertainty to global and euro area growth prospects,"

Bank of England will likely retire Fan chart, Andrew Bailey says

Bank of England's Fan charts would probably be replaced by "alternative scenario" projections, which illustrate how policy might react under different economic developments.

US Job openings increases to 8.1 million in May, JOLT report shows

Job openings increased to 8.14 million in May while the number of hirings in the month was 5.78 million

US PCE inflation holds at 2.7% in April as market expected

US PCE inflation held at 2.7% YoY in April 2024 while core inflation maintained its pace at 2.8% for the third months,

Canada inflation drops back to 2.7% in June

Annual inflation rate in Canada eased back to less than 2.7% in June after a upshot in the previous month, according to Statistics Canada's CPI report.

First sighting of Trump II tariff revenue surge

The US government on April 22 received USD 11.7 billion from customer duties in a single day, the first time we can observe a substantial increase in import duties revenue resulted from the new of tariff from the second Trump administration.

US PCE inflation drops to 2.5% as disinflationary trend continues

Inflation in the US cooled off further to 2.5% over the year to the end of June, according to the latest reading of US Bureau of Economic Analysis's PCE price index.

US CPI shows zero inflation in May

US CPI grew 0% in May as the yearly growth rate dropped to 3.27%; core inflation, which stripped out food and energy prices, rose 0.2% and the yearly rate decreased to 3.42%

Interviews

The Midas Paradox Cover

Midas Paradox and the Great Depression | Q&A with Scott Sumner |

Welcome! This is the first installment of our interview series "Where is the General Theory of the 21st Century?" "Where is the General Theory of...