At first glance, a 27.3% YoY YTD uptick in aggregate financing looks like cause for celebration. But a closer look shows that this is primarily driven by increased government bond issuance. A much ...

We study why inflation responds differently to economic activity over time. Using survey data covering the universe of Japanese firms, we show that firms are unable to perfectly distinguish aggregate ...

Romania’s central bank (BNR) decided, at its April 7 board meeting, to maintain the monetary policy rate at 6.5%, noting ...

MUMBAI, Oct 21 (Reuters) - Aggregate demand in India is likely to shrug off the temporary slowdown in momentum seen in the second quarter as festive demand picks up pace and consumer confidence ...