The International Monetary Fund warned that inflation remained stubbornly high and that protectionism posed a risk to the global economic outlook.
Tag: Inflation (Economics)
How the Labour Party Wants to Change the UK Economy
With Britain’s productivity and wages stalled for the past decade and a half, the winning party in the general election faces a tall order.
Myanmar Shop Owners Are Being Jailed for Increasing Wages
Myanmar’s junta, facing a growing popular rebellion, has plunged the country into economic crisis, reversing gains from a decade of civilian leadership.
Trump Eyes Bigger Trade War in Second Term
The former president’s past tariffs raised prices for consumers and businesses, economists say. His next plan could tax 10 times as many imports.
Trump Eyes Bigger Trade War in Second Term
The former president’s past tariffs raised prices for consumers and businesses, economists say. His next plan could tax 10 times as many imports.
Trump Eyes Bigger Trade War in Second Term
The former president’s past tariffs raised prices for consumers and businesses, economists say. His next plan could tax 10 times as many imports.
World Bank Sees Rosier Growth Outlook
But rising trade barriers pose a long-term threat to global output as protectionist policies spread, the bank said.
Japan Runs on Vending Machines. It’s About to Break Millions of Them.
New yen notes set to be introduced this summer won’t be compatible with many machines that businesses like ramen shops rely on.
European Central Bank Cuts Interest Rates for the First Time Since 2019
The quarter-point reduction comes as inflation in the eurozone cools, prompting the E.C.B. to move before the Federal Reserve in the United States, where rates remain high.
U.K. Inflation Falls to 2.3%, Lowest in 3 Years
The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.