Conversely, the Fed raises the federal funds rate to slow economic activity and reduce inflation. Higher interest rates increase borrowing costs for companies and consumers, slowing economic activity.
Canada's annual inflation rate decreased to 1.8% in December due to a sales tax break affecting items like alcohol and children's clothing. This rate drop may provoke another interest rate cut by the ...
Provides Roadmap For Achieving Macroeconomic Stability For Nigeria to swim out of its worst economic quagmire, the Nigeria Economic Summit Group (NESG) said the Federal Government must pay serious ...
PSA showed that food inflation at the provincial level has decreased to 0.9 percent in December 2024. Fortuito reported that in November, the province’s food inflation posted at 2.3 percent, and 5.9 ...