Economy

Should global markets worry over Fed’s interest rate plans?

Highlights The US Fed intends to increase interest rates in the coming months amid strong labour market conditions and high inflation. As rate hik...

If Boris Johnson resigns, who could be the next PM of UK?

Highlights The UK PM Boris Johnson has been facing mounting pressure from ministers and opposition leaders following Downing Street Garden parties...

Online Safety Bill: 7 points to note

Highlights  The Online Safety Bill is a proposed Act in the United Kingdom to enhance the safety net around internet. The Digital, Culture, M...

Are global markets headed towards a crash in 2022?

Highlights A superbubble is created when prices of several asset classes go through the roof simultaneously. Finally, the time has come for centra...

5 reasons why cost-of-living is moving up in Britain

Highlights The inflation rate in the UK rose to its highest level at 5.4% in December 2021. The UK economy has been facing inflationary pressure f...

How would inflation further affect sectors? 5 pointers to note

The inflation rate of the UK surged unexpectedly to 5.4% in December up from November’s 5.1%, since its highest in 1992, enhancing pressure on t...

UK inflation surges to a 30-year high level: What to expect now?

Consumer Price Index (CPI) inflation in the United Kingdom jumped to 5.4% in the final month of 2021. Britain’s inflation rate rose to the highe...

Report: World’s richest got richer during pandemic

A recent report by Oxfam has stated that the world’s 10 richest people have seen their fortune increase by more than double from US$700 billion...

Will RBA follow the US Fed & hike rates?

The US Federal Reserve (US Fed) could start increasing interest rate as early as March 2022 and shrink its balance sheet in response to increasing inf...

Is housing market going to crash in 2022?

Highlights The year 2021 had been one of the best years for housing markets across the globe. The exorbitant rise in housing prices could be major...

IMF- emerging economies must prepare for Fed policy tightening

Highlights What happened in 2021 lays a ground for how the market would react amid a pandemic.  According to the IMF, the coming months look...

Will Brexit continue to bother UK businesses in 2022?

It’s been more than a year since the UK left the European Union but its impact on the economy has been a double-edged sword for businesses as tr...

Is Australia staring at stagflation in 2022?

Amid changing headwinds, the inflation forecast for Australia remains convoluted as the country enters another year marked with uncertainty. While inf...

How is Omicron likely to impact Australian property prices?

While the COVID-19 pandemic caused significant economic distress last year, Australian property prices still managed to rise by 22%, the sharpest rise...

After a disruptive 2021, what are the economic factors to look at in...

Highlights  2021 was the year of economic disruptions. Economic factors like inflation and interest rate changes can play a crucial role in s...

What does 2022 look like for global housing market?

The housing market witnessed a red hot spell in 2021. The double-digit price rise supported by historically low mortgage rates and inventory shortages...

2022: A major year for Australia with elections around the corner

Highlights  The 2022 election is expected to shed light on how successfully PM Morrison weathered the COVID-19 storm. Voters are well aware t...

Would inflation take a breather in 2022?

The COVID-19 pandemic has battered economies in many ways, loss of jobs and lives, the wreckage of the global supply chain, disrupted business conditi...

Finance sector leads job recovery for Aussies

Highlights  The last two years have changed the way economic sectors create jobs in Australia. While manufacturing jobs have fallen, finance,...

How can the government support the Omicron-affected sectors?

Highlights Concerns related to the Omicron variant and ensued restrictions have severely impacted various sectors, such as hospitality, travel, and...