Data and Financial Journalist
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
In the second half of 2023, international factors supported economic growth, with exports boosting GDP despite a strong dollar. US petroleum exports hit record highs, making the U.S. a net exporter, but trade with China dropped, with imports falling 20% and exports down by nearly 5%. As of July 1, 2023, U.S. petroleum exports exceeded…
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 is a key economic indicator that impacts consumers, businesses, and policymakers. Understanding inflation trends in G-7 countries provides a snapshot of the complex and interconnected global economic landscape. The G-7 consists of some of the world’s most advanced economies, including the U.S., Canada, Japan, Germany, France, the U.K. and Italy. Let’s delve into the…