Bank of Canada's Beaudry Identifies Indications of a New Era with Elevated Interest Rates
A senior Bank of Canada official cautioned it is likely that longer-…
IMF Urges Fed and Central Banks to Maintain Tightening Measures in Efforts to Combat Inflation
The International Monetary Fund on Thursday urged the U.S. Federal Reserve…
Bank of Canada Rate Hike Triggers Continued Global Bond Sell-Off
Government bonds continued to sell off in the Pacific region after the…
Australia's Commonwealth Bank to Impose Limited Payment Restrictions on Crypto Exchanges
Commonwealth Bank (CBA) will apply partial restrictions to payments to cryptocurrency exchanges…
Mexico's Annual Inflation Reaches Lowest Level Since August 2021, Surpassing Expectations
Mexico’s annual inflation rate slowed in May for a fourth consecutive…
Australia's Recession Risk Rises as RBA Highlights the Bumpy Path to Achieve Low Inflation
The risk of Australia’s economy slipping into recession has risen sharply,…
Central Banks in Latin America Rejoice at Favorable Inflation News
Inflation slowed more than expected in Mexico and Chile last month, in…
Chile's Inflation Slows Beyond Expectations, Fueling Speculation of Interest Rate Cuts
Chile’s annual inflation slowed more than forecast in May on falling…
Peru Maintains Interest Rates at 22-Year High as Inflation Cools Down
Peru held interest rates at a 22-year high to ensure that…
Brazil's Inflation Reaches Lowest Point in Over 2 Years, Triggering Calls for Rate Cuts
Consumer prices in Brazil decelerated more than expected in May, government data…
Impending Commercial Real Estate Crash Casts Shadow on US Economy
The threat of a commercial real estate market crash is hanging over…
OECD Warns of 'Long Road' Ahead for Global Economy's Recovery
The world economy faces a long and fragile recovery from the COVID-…