The best we can hope for is that the recent upturn in inflation doesn’t last long enough to meet up the monetary overhang that’s been created from late 2025. Unfortunately, looks likely they’ll catch up. #InflationUganda is up 3.7%/yr this June from 3.2%/yr in May.
If you are troubled by #poverty and #inequality, then your best bet for a solution in our lifetimes is to advocate for radical deregulation of markets. That so many believe the opposite, despite centuries of experience, indicates the sad state of people's economic understanding.
A new month. A new financial year.
Plan ahead with the July 2026 Government Securities Auction Calendar and stay informed on upcoming Treasury bill and bond auction dates.
Government securities provide an opportunity to save, invest, and support Uganda’s development financing.
View the full auction calendar for the year here: https://t.co/vVnibqfAnn
#BoUConnects
Socialism is not a moral ideal that unfortunately doesn't work.
Socialists either think of themselves as being in power and controlling others — or they think of themselves as being looked after by others. Neither of those is moral but rather creepy and/or pathetic.
Stop lecturing Europe about defense spending. It never works. Just leave — and watch how fast they figure it out. 80 years of US security guarantees didn't build allied strength. They built dependency, says Cato’s @Doug_Bandow.
https://t.co/v7AWGUDz02
Gospel of the Day (Matthew 8,28-34)
When Jesus came to the territory of the Gadarenes,
two demoniacs who were coming from the tombs met him. They were so savage that no one could travel by that road.
They cried out, "What have you to do with us, Son of God? Have you come here to torment us before the appointed time?"
Some distance away a herd of many swine was feeding.
The demons pleaded with him, "If you drive us out, send us into the herd of swine."
And he said to them, "Go then!" They came out and entered the swine, and the whole herd rushed down the steep bank into the sea where they drowned.
The swineherds ran away, and when they came to the town they reported everything, including what had happened to the demoniacs.
Thereupon the whole town came out to meet Jesus, and when they saw him they begged him to leave their district.
Tim Congdon argues that US bond yields are still not high enough to compensate for inflation risks in the latest Monetary Update.
▶️ Watch his full analysis on the Institute's YouTube channel: https://t.co/1ZS066a0ZY\
#bondmarkets#investment#USeconomy
UK Money supply annual growth edged up to 4.8%, from 4.6%, latest BoE data shows (for May).
Total lending annual growth eased to 5.9%, from 6.4%.
Mortgage approvals dropped to 56,200, from 66,000.
Full comment 👇
https://t.co/9TaFzU3HLo
The Hoover Institution congratulates Senior Fellow Thomas Sowell on his 96th birthday, celebrating a lifetime of scholarship that has shaped economic thought and public policy for generations.
Learn more about his legacy: https://t.co/vD04aJeLnM
The best we can hope for is that the recent upturn in inflation doesn’t last long enough to meet up the monetary overhang that’s been created from late 2025. Unfortunately, looks likely they’ll catch up. #InflationUganda is up 3.7%/yr this June from 3.2%/yr in May.
A very commendable job, keeping inflation below the 5%/yr medium target of the @BOU_Official in the past three years. The recent upturn in inflation is still below the target, but could worsen with a monetary overhang from excess money growth since late 2025. #UgandaInflation