In countries whose currencies have risen against the U.S. dollar, there’s “flow-through deflation” as imports get cheaper.
interest rates
July 14, 2017
4:00AM
In three of the world’s richest countries, average real wages are lower today than they were in 2010.
March 20, 2017
3:00AM
The lowest interest rates since the 1960s have led governments to believe that they can run deficits and still be fiscally responsible.
September 13, 2016
3:04AM
Encouraging home ownership may deter the labour mobility vital for a dynamic economy.
July 5, 2016
3:00AM
The Bank of Canada and other central banks around the world have artificially lowered interest rates, making investment and risk-taking much cheaper.
February 24, 2016
1:30AM
January 4, 2016
3:00AM
Even the prospect of small deficits relative to GDP may generate substantial investor uncertainty in an environment where interest rates are on the way up.
