OPINION/EDITORIAL

OPEC Production Slumps To 5-Year Low

Culled—Proshare 8/8/2019 By CSL Research According to data released by the S&P Global Platts Survey, OPEC, world biggest oil cartel, pumped its fewest barrels of crude oil in over 5 years (Apr 2014 – 29.70mb/d). OPEC oil output slumped by 210,000 b/d to 29.88mb/d in the month of July from […]

US Business Investment: Rising Market Power Mutes Tax Cut Impact

August 8, 2019/IMFBlog By Emanuel Kopp, Daniel Leigh, and Suchanan Tambunlertchai US business investment has been on the rise. Since the passage of the Tax Cuts and Jobs Act at the end of 2017, US businesses have bought more machinery, developed software, and created new intellectual property. Some believe that […]

Canada’s Housing Market Slowdown

August 7, 2019/IMFBlog By IMFBlog Following a period of escalating prices, Canada’s housing market is cooling. Measures designed to strengthen financial stability such as more stringent tests of borrowers’ ability to repay their loans, along with higher interest rates, combined to make mortgage financing more expensive. As a result, residential […]