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Interest rates still a hot topic in inflation fight

In the most recent European Central Bank press release the Governing Council today decided to increase the three key ECB interest rates by 50 basis points, in line with its determination to ensure the...
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Rising CPI still a problem for economies around the world

According to Statistics Canada the Consumer Price Index (CPI) rose 5.9% year over year in January, following a 6.3% increase in December. Prices for cellular services and passenger vehicles contributed to the deceleration in...
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Retail keeping pace in spite of underwhelming CPI figures

According to the US Department of Labor, in the week ending February 11, the advance figure for seasonally adjusted initial claims was 194,000, a decrease of 1,000 from the previous week's revised level. The...
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The UK squeezes out a small GDP growth, CPI and inflation down

Per the US Department of Labor in the week ending January 7, the advance figure for seasonally adjusted initial claims was 205,000, a decrease of 1,000 from the previous week's revised level. The previous...
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More workers add to US and Canada Labor force increase

According to the Statistics Canada, the national statistical office, employment rose by 104,000 (+0.5%) in December, and the unemployment rate declined 0.1 percentage points to 5.0%, just above the record low of 4.9% reached...
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GDP rises in US, Canada as labor market trying to catch up to growth

In Canada real gross domestic product (GDP) rose 0.7% in the third quarter, the fifth consecutive quarterly increase
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Economies unable to put halt inflation as labor markets are very stretched

The Monetary Policy Committee (MPC) of the Reserve Bank of New Zealand has increased the Official Cash Rate (OCR) from 3.5% to 4.25%. Demand in the New Zealand economy has been resilient to global and...
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In spite of good work numbers energies bump inflation

Per the US Department of Labor in the week ending August 27, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 5,000 from the previous week's revised level. The previous...
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Crushing labor data in Canada, US jobs not great

In Canada employment fell by 200,000 (-1.0%) in January and the unemployment rate rose 0.5 percentage points to 6.5%. The number of people who were employed but worked less than half their usual hours rose...
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