The World Uncertainty Index, tracking uncertainty globally via text-mining Economist Intelligence Unit country reports, indicates ongoing instability due to events like the global financial crisis, COVID-19, and geopolitical tensions, with recent years seeing military conflicts escalating
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Interest rate trajectory with changing inflation
The Federal Reserve uses interest rates as one of the many monetary policy tools to keep inflation at 2% and ensure full employment. Here’s how the terms in this relationship typically work: The relationship between the two can be summarized as follows: Lag Effect: Changes in the federal funds rate don’t immediately impact inflation. There’s…
Inflation comparison: U.S., G20 and European Union
Posted on Author Deena ZaidiPosted in Banking and Finance, Politics & Policy, United States of America, World Economy
G20 comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the U.K. and the U.S., as well as the European Union, represented by the rotating council presidency and the European Central Bank. In June 2022, both U.S. and G20 inflation reached 9.1%, according…