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  • March 28, 2025

    Last Week: Key Global Events

    Edited by Simisola Fagbola, Econoday Economist The Economy Inflation The latest UK inflation report reveals a slight easing in price pressures, with the consumer price index rising by 2.8 percent in February on a year-over-year [...]

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  • March 24, 2025

    March/April consumer spending hard to forecast

    There are two special factors to keep in mind for consumer spending in March and April. The two roll around at this time every year but are particularly acute in 2025. The first is the [...]

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  • March 21, 2025

    Last Week: Key Global Events

    The Economy Monetary policy   The Bank of Japan’s nine-member board voted unanimously to maintain the target for overnight interest rate at 0.5%, as widely expected, after voting 8 to 1 to raise the policy [...]

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  • March 20, 2025

    Recap of FOMC plans to reduce the size of reserve holdings

    In May 2022, the FOMC announced a program to reduce the size of its holdings of US treasuries and agency mortgage-backed securities which had ballooned to just over $8.5 trillion in May 2022 at the [...]

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  • March 18, 2025

    Governor Bowman Named Next Fed Vice Chair for Supervision

    The Trump administration on Monday nominated Fed Governor Michelle Bowman as the next Federal Reserve vice chair for Supervision. Her nomination is likely to proceed with speed and her confirmation is virtually assured. Governor Michael [...]

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  • March 14, 2025

    Last Week: Key Global Events

    The Economy Monetary policy   The Bank of Canada, as expected in the Econoday consensus forecast, again cut its target interest rate by 25 basis points from 3.0 percent to 2.75 percent, as the central [...]

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