Commentary
Latest Episodes
Questions? Comments? Drop us a line!
What We Are Following in the News
Personal debt in China has surged in recent years, and those unable to pay the money back are subject to punishment, including seized salaries, and job and travel restrictions. buff.ly/4aErH9E
U.S. economic growth and job gains have exceeded forecasters' expectations WSJ survey shows. They still expect a slowdown, but their outlook is much brighter than in previous surveys. Their forecasts for inflation and interest rates are higher, too. buff.ly/3W9quCK
Biden is asking his trade officials to more than triple a key tariff rate on Chinese steel and aluminum products to 25% from 7.5%. buff.ly/4aYsgeh
UK inflation slowed less than expected last month, making traders and economists more cautious about the likely pace of interest rate cuts. Consumer prices rose at an annual rate of 3.2 per cent in March, down from 3.4 per cent in February, the Office for National Statistics said today.
While there are concernsn by some that AI will come for your job - it is also creating jobs with our region one of the larger bases. buff.ly/3U5iznk
Expect to see a lot of discussion about rates. Today, Powell suggested that there will be a delay in any cuts due to inflation. There is a growing group of analysts suggesting a rate increase. You may be the next contestant on what's my rate.
Thoughts on the Latest Economic News