While sparse data makes accurate measurement difficult, most would agree violence and lawlessness are increasing in many parts of PNG. The broader context for this violence includes: rural decay ...

This year’s PNG Update marks a decade since it was instituted in 2014 as a purpose-driven program to have economic-related updates around the country to be presented by researchers in all professions.

Members of the FOMC also acknowledged that the risks to achieving the Committee’s employment and inflation goals had continued to move into better balance. In support of the Committee’s goals to ...

Minutes from the July FOMC meeting revealed little new information and were a bit stale given the developments that happened since. However, the data was “a bit less hawkish-stale than we feared ...

Recall that the FOMC kept its policy rate at 5.25%-5.50% for the eighth straight meeting. "All participants supported maintaining the target range for the federal funds rate at 5¼ to 5½ percent ...

PCE inflation is already near the 2% target at an annual rate. U.S. dollar tests new lows as traders react to the FOMC Minutes. On August 21, 2024, the Federal Reserve released the minutes of the ...