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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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Geographic
Topical
The major central banks use one key tool to implement policy and influence the economy as directly as possible -- an overnight interest rate on banks’ reserves at the central…
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DOI: 10.1108/OXAN-DB275594
ISSN: 2633-304X
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Geographic
Topical
The surge in inflation this year owes more to supply bottlenecks caused by the release of pent-up demand than to falling unemployment. In the decade before the pandemic, US…
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DOI: 10.1108/OXAN-DB266105
ISSN: 2633-304X
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Geographic
Topical
Real interest rates -- which matter more for economic activity -- remain negative. Real rates have been declining for centuries. While they are currently negative, this could…
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DOI: 10.1108/OXAN-DB275029
ISSN: 2633-304X
Keywords
Geographic
Topical
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 steep fall in global oil prices and rapid spread of COVID-19 have ended hopes of economic revival in 2020. The government has allocated 300 billion rubles (4 billion dollars…
Poland faces an uncertain second quarter, the economy having slowed to its lowest point since late 2012. Questions are being raised over the outlook for interest rates under new…