Category: economists

  • Economists expect rates to stay high

    Most of the mortgage rates decreased today. According to Zillow data, the fixed interest rate has decreased for 30 years with four basis points for 6.50 %And the fixed rate decreased for 15 years by four basis points to 5.83 %. Economists do not expect mortgage prices to improve a…

  • Inflation data likely to show further slowing, partly due to GST break: economists

    Breadcrumb links PMN BMN Business Article writer: Canadian Press Rosa Saba Posted on January 19, 2025 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content Economists expect new data this week to reveal inflation slowed…

  • Bank of England poised for four or more rate cuts in 2025, say economists

    The Bank of England is expected to cut interest rates at least four times this year, according to a new survey of 51 economists. the Latest poll It suggests that the base rate could fall from its current rate of 4.75 per cent to 3.75 per cent or lower in…

  • Economists say more room to fall as Canadian dollar continues downward trend

    Breadcrumb links PMN BMN Business Article writer: Canadian Press Ritika Dubey Posted on December 24, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content Experts say that the next few months will be difficult…

  • Fed to Cut Once More Before Slowing Pace in 2025, Economists Say

    Breadcrumb links BMN Business Federal Reserve officials will cut interest rates this month for the third straight time and will scale back the number of rate cuts they expect next year, according to economists surveyed by Bloomberg News. Article writer: Bloomberg News Katarina Saraiva and Dana Morgan Posted on December…

  • The youth are ‘lifeless’: Economist’s speech goes viral in China

    Young Chinese people are sapping their energy from consumption as a result of massive job losses, in marked contrast to the spending habits of the elderly that have remained stable since the pandemic, according to a prominent Chinese economist. While China’s aging demographics could hamper the economy in the long…

  • Economists and Activists Call on Rachel Reeves to Introduce Wealth Tax in Inaugural Budget

    Chancellor Rachel Reeves is facing renewed calls to introduce a wealth tax, with economists, climate campaigners and high-net-worth individuals urging her to impose a tax on the UK’s wealthiest citizens to help fund essential public services and accelerate the transition to net zero. . In an open letter to the…

  • Economists and Activists Call on Rachel Reeves to Introduce Wealth Tax in Inaugural Budget

    Chancellor Rachel Reeves is facing renewed calls to introduce a wealth tax, with economists, climate campaigners and high-net-worth individuals urging her to impose a tax on the UK’s wealthiest citizens to help fund essential public services and accelerate the transition to net zero. . In an open letter to the…

  • The ECB Economists Aren’t Exactly Wrong About Bitcoin (They’re Just Useless)

    Follow Aaron on our or X. Earlier this month, the European Central Bank (ECB) published a report paper The authors claim that the existence of Bitcoin could lead to the impoverishment of non-holders and laggards. Specifically, they wrote: “Since Bitcoin does not increase the productive potential of the economy, the…

  • Chief economists in the US say a 2025 recession is only a 30% chance

    The American Bankers Association’s Economic Advisory Committee brings together 15 senior economists from some of the largest banks in North America. The committee chairman indicates that the Fed is close to achieving its dual mission, but warns that the weakness of the labor market needs to be monitored The Fed…

  • Economists expect Japan’s CPI to have ticked higher in July

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  • Labour Could Cut Taxes by £16bn, Say Economists

    Economists from Capital Economics predict that Labor could benefit from a £16bn spending boost if it wins the next general election, thanks to updated forecasts from the Office for Budget Responsibility (OBR). This potential financial boost is almost double the £8.9bn announced in the March Budget. Rachel Reeves, Labour’s shadow…

  • Economists say BoC could cut interest rates again in July if inflation keeps cooling

    Breadcrumb links BMN Business Article writer: Canadian Press Nujoud Al-Malis Posted on June 23, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. The sign indicates the Statistics Canada offices in Ottawa on July 21, 2010.…

  • 130 top economists warn gov’t policy endangers Israel’s existence

    Today, 130 of Israel’s leading economists published a harsh letter strongly warning that the government’s policy is leading the country towards the abyss and endangering its very existence. Economists say this is due to a combination of the increased burden of military reserves on the working population and the continued…