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TURKEY: Interest rates could ease by year-end
CANADA: Inflation is falling but bank may wait on cuts
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DOI: 10.1108/OXAN-ES287192
ISSN: 2633-304X
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The 18% increase since the beginning of the year has been fuelled by expectations of monetary easing, recurrent geopolitical tensions, Chinese economic woes, and greater…
The target is associated with reaching GDP of USD30tn, compared with less than USD4tn currently. Modi, in power since 2014, appears on course to win a third straight term.
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DOI: 10.1108/OXAN-DB287104
ISSN: 2633-304X
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AUSTRALIA: Budget offers help -- limited by inflation
Yen weakness in the face of persistently strong US interest rates argues for further monetary tightening but that is countered by wage- and price-growth in Japan remaining below…
The budget deficit is increasing markedly and will probably top 6% of GDP in 2024 -- the highest level since the late 1980s -- while economic growth remains in the 2-3% range.
ARGENTINA: Inflation slows but recession will linger
The surpluses seen this year and last have proved an unexpected bonus for Labor and will enable a modest spending increase as the party prepares for the general election due by…
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DOI: 10.1108/OXAN-DB287122
ISSN: 2633-304X
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Islamabad now seeks a larger, longer-term bailout programme with the Fund. Finance Minister Muhammad Aurangzeb has suggested that a staff-level agreement on such a package could…