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Elevating stagnant wages is Tokyo’s top priority and anti-deflation tool, necessary in creating a virtuous cycle of rising prices and incomes that boosts economic growth.
The budget was the first Conservative-only budget since 1996. Driven by political as much as economic considerations, it aimed at entrenching the Conservatives in the political…
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DOI: 10.1108/OXAN-DB200888
ISSN: 2633-304X
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Disinflation is underway on both sides of the North Atlantic, but it is not yet deeply entrenched, giving both central banks a reason to delay cuts. The ECB must contend with…
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DOI: 10.1108/OXAN-DB285238
ISSN: 2633-304X
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The jobless rate is expected to stay unchanged at 4.9%, its lowest level since November 2007. This decline occurred despite a rebound in the participation rate, up 0.5 percentage…
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DOI: 10.1108/OXAN-DB210237
ISSN: 2633-304X
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One of the more troubling features of the economic recovery, for workers and politicians alike, is lagging wage growth. This could indicate a substantial shift in the US economy…
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DOI: 10.1108/OXAN-DB198439
ISSN: 2633-304X
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US employment and wage pressures.
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DOI: 10.1108/OXAN-DB232147
ISSN: 2633-304X
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Lower household consumption, residential investment and companies’ capital investment all contributed to the 2.9% (annualised) contraction. Although inflation is decelerating…
A widening income gap, coupled with a sluggish economy over the past two years, will be a disadvantage for the ruling Democratic Progressive Party in Taiwan’s presidential…
The decision to reduce gas prices -- a gift to President-elect Volodymyr Zelensky, as it chimes with the anti-austerity messaging of his election campaign -- and not to raise…
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DOI: 10.1108/OXAN-DB243575
ISSN: 2633-304X
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Now that Zeman has successfully retaken the presidency with 152,000 more votes than his pro-Western rival Jiri Drahos after a campaign that was dominated by domestic issues…