OECD – Benefits Canada.com

Federal Reserve sees rates near zero at least through 2023

mschmit — Thu, 17 Sep 2020 03:52:35 +0000

The Federal Reserve expects to keep its benchmark interest rate pegged near zero at least through 2023 as it strives to accelerate economic growth and drive down the unemployment rate. The central bank also said Wednesday that it will seek to push inflation above two per cent annually. The Fed left its benchmark short-term rate […]

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Finance Minister Bill Morneau resigns, plans to run for head of OECD

mschmit — Tue, 18 Aug 2020 04:30:32 +0000

The only finance minister to serve under Prime Minister Justin Trudeau suddenly resigned Monday night, saying someone else should guide the country through a long and bumpy economic recovery from the coronavirus pandemic. Bill Morneau said he had considered leaving his role as finance minister for some time, adding that he never intended to run […]

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Virus spread prompts Fed to slash rates in surprise move

mschmit — Tue, 03 Mar 2020 07:40:07 +0000

In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizeable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus. Chairman Jerome Powell said at a news conference that the virus “will surely weigh on economic activity both here and abroad for some […]

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Institutional investors and the UN Sustainable Development Goals

mschmit — Mon, 24 Dec 2018 06:31:53 +0000

\MSCI Inc. and the Organization for Economic Co-operation and Development have collaborated on a joint research paper to facilitate discussions about how institutional investors can implement the UN’s sustainable development goals in their strategies. There are 17 sustainable development goals that aim to deal with challenges including climate change, income inequality and sustainable consumption. The target delivery dates […]

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New report suggests working longer could mean a healthier economy

mschmit — Wed, 20 Jun 2018 12:16:43 +0000

Working longer could add $4.6 trillion to OECD economies: PwC

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Anti-Greek Chorus Needs a Reality Check

mschmit — Fri, 21 May 2010 04:00:39 +0000

German households owe more than harder-working Greeks.

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