The IMF forecasts rising unemployment rates in 2024 and 2025 for G7 countries, driven by significant increases in the U.S. and Canada, despite initial declines since the 2020 pandemic.
All posts tagged Central Banks
Here’s why gold prices hit record high (again)
Central bank purchases have been key in driving up gold, often considered a haven in times of uncertainty and turmoil. Global uncertainties and the Federal Reserve slashing interest rates this year giving bullion a lift.
UPDATED: Federal Reserve’s first interest rate cut since 2020
The Federal Reserve lowered interest rates for the first time since 2020.
Unlocking the Central Bank
Central Banks are the backbone of an economic system. Any fracture can create serious concerns for the financial future of the country. In recent years, there have been numerous articles raising questions about the credibility of central banks. This article focuses the basics of central banks with a strong focus on its relation with the financial crises.