By Ismail Amla, Executive Vice President, Professional Services, NCR Corporation The benefits of financial inclusion are known and numerous. Households that lack access to bank accounts or relatively affordable mechanisms for receiving, paying, and spending money end up spending a significantly higher percentage of their income on cash-intensive financial options.Read More →

What is a payday loan? payday ready are generally short-term unsecured loans characterized by high interest rates that generally do not require a credit check. Although there is no exact and universal definition of the term, the US Consumer Financial Protection Bureau indicates that this type of loan is usuallyRead More →

What is a banking desert? A banking desert is a census tract or neighborhood that has no bank branches within or within 10 miles of its center. Economists at the Federal Reserve Bank of New York have identified 1,214 banking deserts in the United States, the majority of which areRead More →

25/01/2022 / Press release Indicators for the euro area as well as for Slovenia in the last quarter of last year suggest that the impact of the epidemiological situation on economic activity has been relatively weak. Economic growth has slowed slightly since Slovenia regained its pre-crisis level of activity, butRead More →

A cargo ship full of containers prepares to leave port at the Dachanwan Port Container Terminal in Shenzhen, south China’s Guangdong Province, Jan 21, 2022. Photo: cnsphoto China’s GDP increase of 8.1% in 2021, after 2.2% in 2020, exceeded that of any other major economy. However, as is known, China’sRead More →

Tracking wage growth by age Federal Reserve Bank of Atlanta After years of trying to push up inflation (the elusive 2% inflation target), the Fed’s super-easy quantitative easing policies as well as plentiful help from the budget side (‘helicopter’ money) and disproportionate budget deficits) more than met the target. .Read More →

Scenarios Baseline (60%): Growth resumes in late 2021 and early 2022 as the impact of COVID-19 eases. Households continue to increase their spending to meet pent-up demand for services such as entertainment and travel. However, spending on durable goods is stagnating as consumers revert to pre-pandemic models. Business investment continuesRead More →

(Credit: Unsplash) This article is brought to you in association with the European Commission. The EU economy is recovering from the pandemic recession faster than expected. As vaccination campaigns progressed and restrictions began to be lifted, growth resumed in the spring and continued unabated through the summer, supported by theRead More →

WASHINGTON – If you find the current economy a little confusing, don’t worry: so do the country’s top economic official, Federal Reserve Chairman Jerome Powell. In a long-awaited press conference on Wednesday, Powell said the Fed was sticking to its fundamental economic forecast: COVID-19 will eventually subside, which, in turn,Read More →

The perception among some that the economic recovery is responsible for demand for new vehicles temporarily exceeding supply is incorrect, the JSE-listed vehicle retailer Combined Motor Holdings (CMH) warned on Tuesday. “The reality is that domestic sales levels are considerably lower than the past decade and the return of aRead More →

“The non-residential construction backlog fell for a second consecutive month as skills and input shortages hit the industry,” said Anirban Basu, chief economist at Associated Builders and Contractors. “A growing number of contractors are reporting shortages of materials such as copper and PVC pipe. “ The construction order book indicatorRead More →

General view of Sudirman Central Business District (SCBD), following the coronavirus disease (COVID-19) outbreak, in Jakarta, Indonesia on February 5, 2021. REUTERS / Ajeng Dinar Ulfiana BENGALURU, Oct. 15 (Reuters) – Indonesia’s central bank to keep interest rates stable next week to support the economy as activity stalled by recentRead More →

click to enlarge Can you imagine a situation where you need some urgent liquid assets but don’t have enough available? For those of us who have been caught in such uncomfortable spots, it would be fair to say it’s a lot more stressful than one can imagine. TheRead More →

Unpredicted events can puzzle you inappropriately. You have no savings on the side, and your credit history is blemished. You are an uninvited person inside the bank’s branch office. Anyway, you have one bright sight, internet access. But, you must have asked yourself, how does internet access impact my financialRead More →

Reading time: 3 minutes Economic development in Scotland SPICe has published a briefing note on economic development in Scotland. The briefing provides an overview of the economic development landscape in Scotland. It examines the main organizations involved in the implementation of economic development activities, the direction of economic development strategyRead More →

Posted on Monday, September 20, 2021 at 12:41 p.m. Join the 100,000+ AFP followers on Facebook Buy an AFP subscription Subscribe to AFP podcasts on itunes and Spotify News, press releases, letters to the editor: [email protected] Advertising requests: [email protected] (© Drobot Dean – stock.adobe.com) If you are in financial difficulty,Read More →

Debt, both public and commercial, is exploding in the United States and internationally. Interest rates are kept low by central banks. The governments of the United States and southern Europe cannot afford higher national debt rates. Neither can the private financial system of the developed world. One effect would beRead More →

(Credit: Unsplash) This article is presented to you in association with the European Commission. The European economy is expected to rebound faster than expected, as activity in the first quarter of the year exceeded expectations and the improvement in the health situation led to a faster easing of the restrictionsRead More →

(Credit: Unsplash) This article is presented to you in association with the European Commission. The spring 2021 economic forecast projects the EU economy to grow 4.2% in 2021 and 4.4% in 2022. The euro area economy is expected to grow by 4.3% this year and 4.4% next year. This representsRead More →

The Federal Reserve on Wednesday raised its forecast for 2021 gross domestic product by more than 50% from its December estimate while keeping interest rates stable. GDP is now expected to grow 6.5% in 2021 before slowing in the following years, according to the Federal Open Market Committee, the centralRead More →

Europe remains in the grip of the coronavirus pandemic. The upsurge in the number of cases, combined with the appearance of new, more contagious strains of the coronavirus, has forced many Member States to reintroduce or tighten containment measures. At the same time, the launch of vaccination programs across theRead More →

(Credit: Unsplash) This article is presented to you in association with the European Commission. Europe remains in the grip of the coronavirus pandemic. The upsurge in the number of cases, combined with the appearance of new, more contagious strains of the coronavirus, has forced many Member States to reintroduce orRead More →

Rental construction is well positioned to weather storm Covid-19, macroeconomic trends boosting investor demand, panel said Property week in the latest RESIcast. The RESIcast series gives you a taste of the topics and issues to be debated during the RESI Congress 2020. You can listen to this podcast via AppleRead More →

South Africa’s new vehicle market showed signs of further growth in August, in line with the government’s decision to open up the country’s economy last month. Data from the National Association of Automobile Manufacturers of SA (Naamsa) revealed that overall new vehicle sales volumes increased by 1,119 units in JulyRead More →

Patricia silversteinPresident and Chief Economist, Development research partners Is our vision crystal clear or clouded by conflicting information in 2020? Slowing growth in China and other key trading partners, tariff and trade disputes, market disruptions from COVID-19 and geopolitical concerns around the world mean a high degree of uncertainty inRead More →

10th Annual Inland Empire Economic Forecasting Conference: Housing remains the greatest immediate and longer term challenge; Despite some impacts of the trade war and the consternation of the yield curve, neither will lead to a slowdown in 2020. Riverside, California – Operating at “full employment” and with an unemployment rateRead More →

Thursday, Portland State University Northwest Economic Research Center released its economic forecast for 2019. The report took a top-down approach to Oregon’s economy, examining a range of national and statewide trends, as well as factors specific to the metro area of Portland. “Portland MSA Economic and Population Outlook,” written byRead More →