Economic Shifts: BoC’s Rate Cut, 1,000 Days of Conflict, and China’s Steady Stance

Simply Economics

Explore the Bank of Canada's anticipated rate cut amidst rising inflation, the profound human and economic costs of the Russia-Ukraine war as it hits 1,000 days, and China's Central Bank's decision to hold lending rates steady. Plus, insights from The Economist's 'World Ahead 2025' on global economic and geopolitical shifts. Join us for a deep dive into these pivotal economic narratives shaping our world.
Sources:
https://www.bnnbloomberg.ca/business/economics/2024/11/19/uptick-in-inflation-unlikely-to-deter-boc-from-december-rate-cut-economists/
https://www.firstpost.com/explainers/1000-days-russia-ukraine-war-human-economic-cost-13836520.html
https://www.kaohooninternational.com/economics/548225
https://www.prnewswire.com/news-releases/the-economist-launches-the-world-ahead-2025forecasting-a-year-of-uncertainty-and-instability-with--trump-upending-global-trade-economics-and-geopolitics-302309745.html
Outline:
(00:00:00) Introduction
(00:00:44) Uptick in inflation unlikely to deter BoC from December rate cut: economists
(00:03:00) 1,000 days of Russia-Ukraine war: The human and economic cost of the conflict
(00:06:25) China's Central Bank Holds Steady on Lending Rates amid Economic Assessment
(00:08:59) The Economist launches The World Ahead 2025-forecasting a year of uncertainty and instability with Trump upending global trade, economics and geopolitics