Lagarde Sees More Disinflation But Seeks Proof of Return to 2%

Wages are increasingly important price driver, she reiterates Money markets see ECB cutting interest rates before Fed European Central Bank President Christine Lagarde said the retreat in inflation in the euro zone will continue but that she and her colleagues need to...

WTO Chief Sees Trade Missing Forecasts on Growth Headwinds

Okonjo-Iweala pushes reform of Geneva-based organization Trade volumes may not reach WTO’s 3.3% growth estimate in 2024 The head of the World Trade Organization said global commerce, after proving resilient through the pandemic, is performing weaker than forecast amid...

Half of College Graduates Are Working High School Level Jobs

A new report found that 52% of students who recently obtained a bachelor’s degree are underemployed and this impacts how money much they’ll make in their careers. Your first job after college is more important than you might think. Roughly 52% of recent college...

Canada Retail Sales Drop 0.4% in Sharp Spending Pullback

Canadian consumers sharply pulled back their spending in January after stronger-than-expected retail purchases at the end of last year. Receipts for retailers fell 0.4%, the biggest decline since March 2023, according to an advance estimate from Statistics Canada...

Mexico Economy Stalls, Bolstering March Rate Cut Forecasts

Output expanded 0.1% in fourth quarter from previous quarter Mexico has held out against region rate-cutting trend Mexico’s economy barely grew in the fourth quarter, bolstering the chances that the central bank will join the regional trend for interest rate cuts as...