Economy News

Emerging markets suffered a torrid year in 2021. Now, facing a new year with looming higher interest rates, stuttering growth in China, and the lingering Coronavirus pandemic, emerging markets face the future with more questions than answers. Analysts expect tighter ...

China’s ruling Communist Party is encouraging the country’s biggest e-commerce company Alibaba to design and manufacture its own computer processor chips. President Xi has recently said that “Self-reliance is the foundation for the Chinese nation.” This and other pronouncements designed ...

Bank of Japan Governor Haruhiko Kuroda announced this week that it was too early for the country to start changing its monetary policy to tackle inflation. The world’s third largest economy is set to lag behind other industrialized nations when ...

Officials at the US Federal Reserve have announced a plan to increase the benchmark interest rate to 0.9% in 2022, up from the 0.3% indication from September’s meeting. Analysts say this equates to three rate hikes next year.  In the ...

Officials at the US Federal Reserve have announced a plan to increase the benchmark interest rate to 0.9% in 2022, up from the 0.3% indication from September’s meeting. Analysts say this equates to three rate hikes next year.  In the ...

Officials at the US Federal Reserve have announced a plan to increase the benchmark interest rate to 0.9% in 2022, up from the 0.3% indication from September’s meeting. Analysts say this equates to three rate hikes next year.  In the ...

Officials at the US Federal Reserve have announced a plan to increase the benchmark interest rate to 0.9% in 2022, up from the 0.3% indication from September’s meeting. Analysts say this equates to three rate hikes next year.  In the ...

Faced with no other choice, the US Federal Reserve is expected to implement stronger measures to tackle inflation.  New Fed Chair, Jerome Powell, takes his seat with high inflation affecting the US economy. Consumer prices in the world’s largest economy ...