mBaer Necessities 11/23 – 2
Central banks' objectives are maintaining price stability and financial stability and do not include a profit motive. That said, last financial year will be remembered as a shocking year ...
Central banks' objectives are maintaining price stability and financial stability and do not include a profit motive. That said, last financial year will be remembered as a shocking year ...
History is replete with epic changes of heart. Last December, China stunned the world by announcing the exit from the zero-COVID policy, which had been in place since 2020, when Wuhan declared a full-scale lockdown and COVID was known as SARS-CoV-2. Households and businesses no longer should be worried about lockdowns, but the confidence of consumers and entrepreneurs is fragile and sentiment remains shaky. Hardly a surprise after three years of lockdowns.
Individuals and families are increasingly responsible for their own savings and investment decisions. We will enjoy longer lives and life expectancies are expected to increase. At the same time, the standard of living provided by a given amount of income is likely to fall over time due to inflation, as prices of goods and services ...
King Charles and Queen Camilla were crowned in Westminster Abbey on May 6th, with a sumptuous ceremony that delighted the planetary watching crowd. Britons who were celebrating the bestowal of the crown upon Charles III with coronation quiche, scones and booze, paid 25 percent higher prices ...
Israel's remarkable economic performance continued in 2022, a new government coalition led by Mr. Netanyahu took power last December and the country marked its 75th anniversary in April. Yet, instead of celebrations, Israel faces a crisis.
The fast and steep rise of interest rates in advanced economies over the last two years has surprised investors and economists reminding us of the need to approach yield curves' analysis with humility. ...
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