Consumer prices in the United Kingdom stood at 4 percent in January, unchanged from December and defying expectations of a renewed pick-up, data released by the Office for National Statistics showed Wednesday. Analysts polled by Reuters ahead of the release had projected inflation to accelerate to 4.2 percent at the start of the year. Core … Read more
Bank of Canada governor Tiff Macklem says the central bank can’t solve the housing crisis with interest rates because the root cause is a supply shortage. Macklem faced multiple questions on housing affordability during an appearance before the finance committee on Thursday — one week after the bank yet again kept its key overnight interest rate at … Read more
Home Education Govt to Set up More Medical Colleges Utilising Existing Hospital Infrastructure: FM Sitharaman Interim Budget 2024-25: During the presentation of the final budget of the Modi 2.0 government, Finance Minister Nirmala Sitharaman announced the government’s plans to establish additional medical col FM Sitharaman said the empowerment of women through entrepreneurship, ease of living … Read more
The Bank of Canada says record levels of immigration are driving up the cost of housing and recent government efforts to cut the number of non-permanent residents and encourage home building will help lower housing costs, but “only gradually.” “In the short term any increase in population, particularly in an environment of constrained supply, is going … Read more
Press play to listen to this article Voiced by artificial intelligence. FRANKFURT — On the global stage, European Central Bank President Christine Lagarde still exudes the air of an international rockstar of finance, but back home her records just won’t sell. Most participants in a trade union survey of ECB staff, seen by POLITICO, said … Read more
It’s been a long time since economic data in Canada showed very much promise. The last 18 months have been defined by a cost of living crisis and a slowing economy. But a handful of economic indicators give us some hope for 2024. Inflation has slowed dramatically, and the economy didn’t actually slip into recession. … Read more
