Malpass said poverty is getting worse in some countries in sub-Saharan Africa where per-capita-income is now projected to stay below 1% until at least 2021. By 2030, nearly nine in 10 extremely poor people will be Africans, he noted.
Faced with an increasingly synchronized global slowdown, policy makers must use a judicious mix of monetary and fiscal measures to support growth, but their...
Financial markets seem to have a great deal of confidence in the effectiveness of central bank monetary policy — in the sense that by keeping interest rates low, or bring interest rates down, the economies will keep expanding and asset prices, in particular, will keep rising.
USA In the Last Place, Eurozone In 2nd Place, Emerging Markets In 1st Place (All Three Are Negative, Even With Negative CB Rate In Europe And Japan)
Fund says debts set to build up as central banks remove threat of higher interest rates.
RBC Capital Markets raises its 2019 Brent crude forecast to $75 a barrel and warns of intermittent bouts of $80 oil.
“The median valuation of all the stocks currently among the Dow industrials has recently soared to a record high,”
With the growth outlook fading faster than feared, even hawkish policymakers have given up pricing the loans at the private market rate.
Goods rose 1.0% MoM and Services were up 0.3% MoM but the biggest driver of this 'surprise' is a 5.6% MoM spike in Energy costs...
The Fed will be hard pressed to explain why it is pausing its rate hikes at a time when the fewest number of Americans are filing for jobless benefits in half a century.
Silver demand was up 4% and hit a three-year high in 2018, according to the 2019 World Silver Survey released by the Silver Institute this week.Physical demand for silver came in at over 1 billion ounces last year.Meanwhile, silver mine production fell for the third straight year, dropping 2% in 2018 to 855.7 million ounces.
The Economy Is Too Important to Be Left to the Politicians...
Here is the latest on the arrest of Julian Assange and the steady dumping of paper gold & paper silver onto the "market" since 7:14 a.m. EST...
While investors often treat gold as a commodity, at its core, gold is money. Silver also has a long history as a monetary metal. But what about other rare metals? Could they serve as money as well?In the following guest column, SchiffGold client Antony Pouros makes the case for platinum.
When this rally runs out of steam, the ensuing crash could topple the economy, warns Sven Henrich.
The “R word,” as some are calling it, has been a topic of discussion during earnings planning, executives, investor relations staff and public relations officials said.
With the median home price change expectation the lowest on record, it is no surprise that American consumers' one-year ahead expectations and perceptions about households’ current financial situations deteriorated in March.
Spending Outpaced an Increase in Revenue, Highlighting the Continued Fallout on the Government Debt.
The bank executives pointed to risks outside the walls of their firms.
Top lawmakers also say they are growing increasingly worried about the politicization of the Fed.