Skip to content
Search
Human content, AI powered search.

Latest Stories

central banks

​A view of the skyline and buildings at Shinjuku district during sunset in Tokyo, Japan June 20, 2021.
What We're Watching

Will Japan raise interest rates … to zero?

Japan’s central bank will debate a landmark interest rate rise next week that could bring interest rates to a staggering 0% after nearly a decade of negative rates.

Federal Reserve Chair Jerome Powell testifies to the Senate Banking Committee in Washington, DC.
GZERO North

Central bankers forecast clouds, with a chance of rate cuts

Hopes for a break in the monetary policy clouds were frustrated this week as two North American central bankers said that interest rate cuts remain some way off.

A damaged section of a highway in Nuwakot, central Nepal
What We're Watching

Devastation in Nepal and China after flash flood, Tanzania’s political infighting tests its political stability, French presidential candidates face off in first debate

A massive wall of mud and rock crashed into a river along Nepal’s Himalayan border with Tibet on Wednesday, triggering catastrophic flooding that swept away bridges, destroyed buildings, swamped roads, and killed over 300 people.

Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario.
GZERO North

Know when to hold ‘em

On Wednesday, the Bank of Canada held its key rate unchanged at 5%, noting that the global economy is slowing along with inflation -- just not enough to lower rates. Meanwhile, economists in the United States expect the Fed to hold rates at a two-decade high until summer, if not longer.

Shawn Fain, president of the United Auto Workers (UAW) speaks as President Joe Biden joins striking UAW members on the picket line in Belleville, Mich., in September.
GZERO North

Could union wage hikes worsen inflation?

It may be cold out, but bankers up north are sweating thanks to a flurry of union settlements that could, according to a new report from Toronto-Dominion Bank, have “staying power.”