Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the 7th World Congress of Environmental and Resource Economists Lisbon, 2 July 2026 In my speech today, I will talk about two factors that have recently contributed to inflation volatility and economic…
Introduction Over the last few years, concerns have been raised that the existing international taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. system does not properly capture the digitalization of the economy. Under…
Highlights of the statement: Says Canada’s economy is showing signs of improvement Growth is picking up and inflation is projected to ease gradually from its recent spike. Says Governing Council will continue to assess the strength of the Canadian economy and the outlook for inflation, and is prepared to adjust monetary policy as needed Previously…
Gold hits seven week high as weak US jobs data cuts rate hike odds. What’s next? !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Across the country, policymakers are increasingly interested in taxing data processing and businesses’ digital services. Proposals differ, but they include extending the sales taxA sales tax is levied on retail sales of goods and services and, ideally, should apply to all final consumption with few exemptions. Many governments exempt goods like groceries; base broadening, such…
An open-pit copper mine at Asarco’s Mission Mine Complex in Sahuarita, Arizona, US, on Friday, March 6, 2026. Rebecca Noble | Bloomberg | Getty Images Copper surged to a record high Thursday, but the latest rally comes against a more mixed growth backdrop, making the once-reliable gauge of economic health, “Dr. Copper,” harder to read….