Zimbabwe to mint gold to curb inflation, investors excited
President Mnangagwa hopes to correct some of the systemic economic issues his administration inherited...
Tag : unemployment
Great regret following the great US resignation
Many reevaluated their life choices and resigned during the pandemic. But rising inflation and fears of a recession are pushing people back into offices....
Iran lawmakers fire finance minister as economic woes mount
The country’s parliament voted Sunday to fire the country’s finance minister amidst the economic turbulence caused by America’s withdrawal from the nuclear deal...
ANC member Makhosi Khoza quits politics
“Retiring from politics means I will work with all citizens irrespective of their political affiliations,” says leader Makhosi Khoza...
US labour market continues to tighten
Wage growth raises inflation expectations...
Fall in unemployment benefits claimants in US
Fewer claims than anticipated in the last week of December...
US Fed hikes interest rate
The hike is only the second since 2008 IFM Correspondent December 15, 2016: Citing an improving economy, the US Federal Reserve raised its key interest rate on December 14 for the first time in 2016 by a quarter percentage point. In a statement after a two-day meeting, the Fed said policymakers unanimously agreed to lift...
US Fed monetary policy: A moving target
Interest rates unchanged following the September meeting Ken Taubes September 26, 2016: As expected, the Federal Reserve Board left interest rates unchanged following the September meeting of the Federal Open Market Committee (FOMC). In its statement following the meeting, the FOMC said, “The Committee judges that the case for an increase in the federal funds...
Dim outlook for Europe in 2016
Challenging political landscape, persistent high unemployment and a weak euro are a few of the challenges Suparna Goswami Bhattacharya February 2, 2016: Europe had been in the news in 2015, not every time for the right reasons though. Grexit, the Volkswagen scandal, migration crisis, Paris attacks were some of the low points which made economists...