Normally unemployment doesn't rise much in Germany as there is a state-run furlough scheme that allows businesses to put their staff on a three-day working week till the economy…
Boomers were born between 1945 and 1964, so they are currently aged between 70 and 90. Lots of countries moan about Boomers, but France really does have a case that Boomers are…
This involved the Argentinian Central Bank dipping into it's scant dollar reserves in order to sell the dollar and buy pesos, after the peso crashed 10% following Milei's severe…
So the Federal Reserve cut interest rates by 25 basis points, taking the Fed funds rate from 4.25% to 4%. In the lead up to the decision (which was well trailed) inflation…
The French government fell yesterday when the French Assembly passed a motion of no confidence in Prime Minister Bayrou, killing his budget. The previous Prime Minister Michel…
Here's the chart: source The chart says "first time since 1996", but the gold on the central banks balance sheets back then was…
French political turmoil has reared it's head again; it looks like Prime Minister François Bayrou won't be able to pass a budget through the French Assembly. There will be a…
Governor Adriana Kugler did not attend or vote in the FOMC meeting last week (where they voted 9 - 2 to hold interest rates in her absence). The official reason given was that…
When the EU followed Japan and signed up to 15% tariffs, many commentators predicted that Canada would "cave" to Trump too. But Canada's situation is different to that of the…
President Trump has just announced a trade deal with Japan and the Philippines. What can we learn from these deals, and the deals already announced with the UK, China, Vietnam…