Economy

Wage Growth Outpaces Inflation for Third Straight Month in Canada

In April, Canada's economy saw the addition of 41,000 new jobs, primarily in part-time work. According to the latest data…

2 years ago

Kenyan Economy: A Tale of Resilience and Challenges

Kenya's economy experienced a slower growth rate of 4.8% in 2022, down from 7.6% in 2021. This decline has been…

2 years ago

Persistent Inflation in the UK: Factors and Implications

Despite a slight drop in March, the United Kingdom remains burdened with double-digit inflation, a situation not experienced by other…

2 years ago

The Struggle of Small Business Owners in the Current Economic Climate

As inflation rates persistently plague small businesses, owners are increasingly concerned about the impact on their bottom lines. A new…

2 years ago

Pakistan’s Economic Crisis: A Tale of Mismanagement and the Road to Recovery

Pakistan's economic crisis has deepened over the past few years, with inflation soaring above 30%, causing widespread suffering and desperation…

2 years ago

China’s Reopening: A Double-Edged Sword for the Global Economy

The rapid reopening of China's economy following the easing of Covid-19 restrictions is expected to have a significant impact on…

2 years ago

Fed’s Dilemma: Balancing Inflation and Economic Growth Amid Turbulent Times

The Federal Reserve faces a challenging decision as it concludes its two-day meeting today, with inflation remaining stubbornly high and…

2 years ago

The Federal Reserve Faces Economic Crosswinds: What to Expect on Rate Hikes

According to data from CME Group, Wall Street traders are anticipating a 0.25% rate hike by the Federal Reserve on…

2 years ago

The Impact of Consumer Strength on Economic Stability

Despite concerns over a potential downturn, recent data on corporate earnings, GDP numbers, and low unemployment suggest that the U.S.…

2 years ago

U.S. Federal Reserve’s 2023 Outlook: Rate Hike in May and Steady Rates Predicted by Economists

Economists in a Reuters poll predict that the U.S. Federal Reserve will implement a final 25-basis-point interest rate hike in…

2 years ago