Based on history, downturns typically happen within roughly 8 to 16 months from a peak in America’s Gross Domestic Product (GDP) performance on a Purchasing Power Parity (PPP) basis. The United States posted a respectable 4.2% improvement in its GDP performance in 2019 compared to one year earlier. GDP tracks a long-term growth trend via business cycles of growth or … [Read more...] about United States Business Cycle Indicators Report
Central Bank Interest Rates for Top 25 Richest Countries
This report presents the current annual interest rates charged by the central banks of the top 25 richest countries. In a nutshell, interest rates define the price of money. At a macroeconomic level, central banks use their current annual interest rates (sometimes called discount rates) to shape monetary policy. Central bank interest rates also impact bank reserves, monetary … [Read more...] about Central Bank Interest Rates for Top 25 Richest Countries
Canada Business Cycle Indicators Report
Anchored by its world-class branch banking system, Canada was able to dodge or at least defer the most profound damages from the Great Recession back in 2008. This time around in 2020, however, several key business cycle indicators are flashing red for Canadians and their country. Granted, Canada’s Gross Domestic Product (GDP) on a Purchasing Power Parity (PPP) basis did … [Read more...] about Canada Business Cycle Indicators Report