We look at an IMF working paper which maps the footprint of the top 30 banks (GSIBs) globally. They control up to 75% of business lines.
https://www.imf.org/en/Publications/WP/Issues/2019/12/27/Post-Crisis-Changes-in-Global-Bank-Business-Models-A-New-Taxonomy-48877
Australia is stuck with rising unemployment, sticky inflation and poor productivity. After several years of prioritising its full-employment mandate, it appears that the Reserve...
The Washington-based IMF just published In its biannual world economic outlook, which said that central banks had scored a major achievement to return inflation...
More evidence today that New Zealand is on a different economic path to Australia. Today we got the CPI inflation data which showed that...