Economics

This week, inflation takes the spotlight. As Tuesday’s report on the consumer price index for March dominates economic news and the markets. Estimates are that inflation increased at a yearly rate of 8.4% last month, surpassing February’s 7.9% reading and the fastest pace since the early 1980s. The monthly increase is expected to be 1.2%. […]

When it comes to quantitative easing (QE), where you stand most definitely relies on where you sit. That is among the findings of the brand-new report of the Economic Affairs Board of the Committee of the UK House of Lords. The report offers a superb survey of how it is that central banks currently use

The intergovernmental cooperation between the United States and China was an essential part of the battle against Severe Acute Respiratory Syndrome (SARS) in 2003. However, a significant cooperation to battle COVID-19 has not happened yet. The state of US and China bilateral connections and the failure to collaborate have possibly worsened the pandemic. Despite resemblances

Some believe that the issuance of central bank digital currencies will change the international monetary status quo by eroding the US dollar’s supremacy of cross-border payments and considerably reducing transaction costs. However, this is unlikely to happen. Berkeley – August 13-15 stamps the 50th anniversary of “the weekend that transformed the world,” when Richard Nixon,