Charting the global economy: Top central banks differ on rates

Quick Summary:

Global economies, this week, presented mixed inflation and growth signals, highlighting varying approaches to monetary policy and economic stabilization.

Undocumented immigrants pay more than a quarter, about 26%, of their income in taxes, in line with the median taxpayer, according to a report released Tuesday by the Institute on Taxation and Economic Policy, a left-leaning think tank.

Three of the world’s largest central banks took different approaches to interest rates this week as a long-awaited, but potentially short-lived, divergence in monetary policies deepens.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaArmeniaAustraliaBrazilChileChinaColombiaCzech RepublicFranceGeorgiaGermanyItalyJapanSouth KoreaPakistanSaudi ArabiaSpain

Topics: Federal Reserve Interest rates Global economy Bank of Japan Monetary policies

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-04 @ 10:46:02 (5 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1402 words

Reading Time: 8 minutes read

Sentences: 38 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 21999179

View Article Analysis

About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 7 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

Publisher Details

Frequently Asked Questions