inflation

02 Mar

Bank of Canada Warns Potential Rate Hikes May Be Necessary Despite Weak Economic Growth

Rajeev Sharma0 CommentsBusiness, CanadaBank Of Canada, inflation, Interest rates, Monetary policy, Rate hikes, Reuters, Sharon Kozicki, Supply shocks

Ottawa (Rajeev Sharma): The Bank of Canada has issued a cautious warning that interest rate increases may occasionally be required even during periods of economic stagnation, as the country prepares for significant structural shifts and potential global supply shocks. Speaking in Norway on Monday, March 2, 2026, Deputy Governor Sharon Kozicki addressed the "difficult trade-off" that central banks face when inflationary pressures are driven by supply-side disruptions rather than domestic demand. She noted that while it might seem counterintuitive to tighten monetary policy during a weak economy, such restraint is essential to prevent inflation from becoming persistent. Kozicki identified several…

02 Feb

Arvind Kejriwal Slams Union Budget 2026-27, Says It Fails to Address Unemployment and Inflation

Rajeev Sharma0 CommentsIndiaAAP, Arvind Kejriwal, Goa, inflation, unemployment, Union Budget 2026-27

New Delhi, February 2, 2026: Aam Aadmi Party (AAP) national convener Arvind Kejriwal on Sunday strongly criticised the Union Budget 2026-27, claiming it lacks a clear strategy to deal with rising unemployment and inflation. Kejriwal said that, from a national standpoint, the Budget would worsen inflationary pressures and lead to further job losses, at a time when employment and price rise remain the biggest concerns for the country’s youth. “There is no concrete roadmap for job creation in this Budget. Instead, it will push inflation even higher,” Kejriwal alleged, adding that young people continue to suffer due to the absence…