Unemployment continues its retreat: OECD
Jobless rate has declined for 12 straight months
- By: James Langton
- June 9, 2022 June 9, 2022
- 13:24
Jobless rate has declined for 12 straight months
The organization expects the global economy to expand 3% in 2022, down from the 4.5% it predicted in December
Both traditional funds and crypto-focused funds adding exposure, survey finds
Central banks must fight risk of inflation expectations driving actual prices
Blockchain model can't create network effects needed for economic exchange
Disappointing export numbers drive down the bank's model forecast
FP Canada releases its latest financial stress index
Only 18% of chief U.S. economists say no recession is in the cards
Rising interest rates are causing anxiety in a sector that soared over the last two years
EU's new curbs on Russian oil to dent global supply
The lowest monthly gain in a year was likely enough to keep the Fed on track to pursue aggressive policy
Long-running decline needs policy attention, BMO says
Insolvency activity in the 12 months to April was up from last year
Strong growth, increased correlation and interconnection drives rising risk
Rising services prices drove core inflation up too
As inflation outpaces wages, consumption will be curbed, Scotiabank says
CEOs who make progress on sustainability see opportunity where others see cost, an IBM study suggested
The decision increases the pace of restoring cuts made during the pandemic
Experts suggest tactical approach, real assets, alternatives
Purchasing intentions for big-ticket items cooled slightly
The BoC is likely still on track for an oversized rate hike on Wednesday
Experts say robust growth and unemployment at multi-decade lows leave space for the slowdown targeted by the BoC