-
28 Jul 22
The US Federal Reserve has said interest rates could go up more slowly from now on, having just approved two 0.75 percentage point hikes in as many meetings in response to rampant inflation.
-
15 Jul 22
A US Federal Reserve governor has stated his support for raising interest rates by 0.75 percentage points later this month, but did not rule out pushing for an even larger increase.
-
16 Jun 22
The US Federal Reserve is set to hike lending rates by 0.75 percentage points to help tame runaway inflation, the largest single increase since the 1990s.
-
14 Jun 22
The level of fraud or overpayments of unemployment benefits made by the US government soared by almost tenfold in 2021, according to the national spending watchdog.
-
17 May 22
California is on track to record a budget surplus close to $100bn this year thanks to tax income far overshooting initial forecasts.
-
13 May 22
Canada’s prime minister has defended the independence of the country’s central bank after the leadership frontrunner for the main opposition party promised to fire the bank’s governor if elected.
-
9 May 22
Donald Trump’s $2trn package of tax cuts failed to deliver the promised increased investment in the US economy, a paper from the International Monetary Fund has found.
-
5 May 22
US president Joe Biden has boasted he will make an unprecedented reduction to the government deficit and pay down the national debt for the first time since 2016, taking aim at his predecessor Donald...
-
14 Apr 22
The Bank of Canada has announced its highest interest rate increase in more than 20 years, as the nation grapples with soaring inflation.
-
11 Apr 22
Better-than-expected fiscal performance will see Canada’s debt-to-GDP remain the lowest amongst its G7 peers.
-
6 Apr 22
The US Federal Reserve is set to rapidly reduce its balance sheet and continue to hike interest rates, as it seeks to tame soaring inflation, according to a senior official at the bank.
-
29 Mar 22
US president Joe Biden has outlined budget plans including a tax on the very wealthiest Americans and “fiscal responsibility” through a $1.3trn reduction in the government deficit - a record for a...
-
25 Mar 22
G7 leaders have announced a crackdown on the Russian central bank’s ability to sell its gold reserves to prop up the rouble, as they draw up fresh efforts to stop Vladimir Putin’s government getting...
-
25 Mar 22
Authorities in Florida are working out how to accept tax payments in cryptocurrency, the governor of the US state has said.
-
17 Mar 22
The US Federal Reserve has raised interest rates for the first time in almost four years, as the nation attempts to mitigate the risks of soaring inflation.
-
10 Mar 22
US president Joe Biden has given the green light for the nation to assess the benefits and risk of adopting a central bank digital currency.
-
3 Mar 22
The benefit of federal Covid-19 aid in New York is unclear because authorities have “no reporting on outcomes”, the city’s comptroller has warned.
-
3 Mar 22
A decision to restrict personal investments by staff at the US Fed provides an ethical reminder for public sector accountants.
-
17 Feb 22
The Bank of Canada could implement a series of interest rate rises to mitigate soaring inflation, according to its deputy governor.
-
16 Feb 22
Afghanistan’s central bank has criticised the US for planning to use $7bn of its assets that Washington froze last year, saying they are owned by the people and would not have been used by the...
-
15 Feb 22
Former Canadian Conservative leader has tabled a bill enabling the auditor general to scrutinise the Bank of Canada’s Covid-19 quantitative easing programme.
-
3 Feb 22
A Canadian province has dropped its plan to introduce a tax for people refusing to have Covid-19 vaccines because it was too divisive.
-
14 Jan 22
A Canadian province is looking to introduce a “significant” tax on its residents who refuse to receive a Covid-19 vaccination.
-
11 Jan 22
More than 15 Democrats Congress members have urged Treasury secretary Janet Yellen to vote in favour of abolishing the International Monetary Fund’s high fees for long-term debtors , amid fears it...
-
7 Jan 22
The US Federal Reserve has indicated it could hike interest rates faster-than-expected and begin to reduce the level of debt it holds, to help mitigate soaring inflation.
28 Jul 22The US Federal Reserve has said interest rates could go up more slowly from now on, having just approved two 0.75 percentage point hikes in as many meetings in response to rampant inflation.
14 Jun 22The level of fraud or overpayments of unemployment benefits made by the US government soared by almost tenfold in 2021, according to the national spending watchdog.
17 May 22California is on track to record a budget surplus close to $100bn this year thanks to tax income far overshooting initial forecasts.
13 May 22Canada’s prime minister has defended the independence of the country’s central bank after the leadership frontrunner for the main opposition party promised to fire the bank’s governor if elected.
9 May 22Donald Trump’s $2trn package of tax cuts failed to deliver the promised increased investment in the US economy, a paper from the International Monetary Fund has found.
Biden says US will pay down debt for first time in years and promises largest ever deficit reduction5 May 22US president Joe Biden has boasted he will make an unprecedented reduction to the government deficit and pay down the national debt for the first time since 2016, taking aim at his predecessor Donald...
14 Apr 22The Bank of Canada has announced its highest interest rate increase in more than 20 years, as the nation grapples with soaring inflation.
11 Apr 22Better-than-expected fiscal performance will see Canada’s debt-to-GDP remain the lowest amongst its G7 peers.
25 Mar 22G7 leaders have announced a crackdown on the Russian central bank’s ability to sell its gold reserves to prop up the rouble, as they draw up fresh efforts to stop Vladimir Putin’s government getting...
25 Mar 22Authorities in Florida are working out how to accept tax payments in cryptocurrency, the governor of the US state has said.
3 Mar 22The benefit of federal Covid-19 aid in New York is unclear because authorities have “no reporting on outcomes”, the city’s comptroller has warned.
3 Mar 22A decision to restrict personal investments by staff at the US Fed provides an ethical reminder for public sector accountants.
16 Feb 22Afghanistan’s central bank has criticised the US for planning to use $7bn of its assets that Washington froze last year, saying they are owned by the people and would not have been used by the...
3 Feb 22A Canadian province has dropped its plan to introduce a tax for people refusing to have Covid-19 vaccines because it was too divisive.
14 Jan 22A Canadian province is looking to introduce a “significant” tax on its residents who refuse to receive a Covid-19 vaccination.
11 Jan 22More than 15 Democrats Congress members have urged Treasury secretary Janet Yellen to vote in favour of abolishing the International Monetary Fund’s high fees for long-term debtors , amid fears it...
