July 20, 2021/IMFBlog By Geoffrey Okamoto Since March 2020, governments have spent $16 trillion providing fiscal support amid the pandemic, and global central banks have increased their balance sheets by a combined $7.5 trillion. Deficits are the highest they have been since World War II and central banks have provided […]
OPINION/EDITORIAL
A Terrible Time For OPEC+ To Resolve Its Differences
July 20, 2021/OilPrice.com Chart of the Week – ROPEC+ countries have agreed on a deal to boost collective output by 400kbpd per month until year-end 2022, having aligned on new production baselines to become effective from May 2022 onwards. – Spare production capacity, however, has become something of […]
Inflation on the Downtrend
July 20, 2021/Coronation Research Last week, the National Bureau of Statistics (NBS) Consumer Price Index (CPI) report for June 2021 showed a moderate decline in the headline inflation to 17.75% from 17.93% recorded in May 2021. We attribute the slowdown to the effect of the high base from the previous […]
