ECB May Need to Tighten Further After the Summer, Nagel Says
The European Central Bank may have to continue raising borrowing costs beyond the summer, according to Governing Council
2023-05-12 16:22
UK Economy Hit Setback in March With Consumers Turning Cautious
The UK economy shrank unexpectedly in March as households turned more cautious and strikes hit activity across a
2023-05-12 15:48
ECB’s Nagel Says Nothing Off the Table for September Meeting
European Central Bank Governing Council member Joachim Nagel refused to exclude that interest-rate increases may persist beyond the
2023-05-11 14:50
Yellen Takes Aim at Russian Sanctions Evasion at G-7 Gathering
Treasury Secretary Janet Yellen said Washington intends to crack down on Russia’s ability to skirt sanctions imposed by
2023-05-11 13:47
RBA Peak Rate Scenario of 4.8% Saw Faster Price Drop, No Slump
Australia’s central bank considered alternative policy scenarios where its cash rate peaked at 4.8%, a level that returned
2023-05-11 11:50
Philippine Economic Growth Beats Amid Inflation, Rate Hikes
The Philippine economy expanded faster than expected in the first quarter, as resilient post-pandemic demand helped defy elevated
2023-05-11 11:48
Egypt’s Inflation Ends Nine-Month Surge by Taking Short Breather
Inflation in urban parts of Egypt eased for the first time since June 2022, providing a reprieve that
2023-05-10 13:45
Williams Says Fed Is Data Dependent, Leaves Door Open to Pause
Federal Reserve Bank of New York President John Williams said he is monitoring how strains in the banking
2023-05-10 02:52
China Imports Plunge, Export Growth Slows as Recovery Wanes
Chinese imports plunged and export growth slowed in April as the recovery waned, raising concerns about the country’s
2023-05-09 14:48
Japan Real Wages Drop for 12th Straight Month, as BOJ, Kishida Scrutinize Pay
Japanese workers’ real wages continued to fall in March, in a weaker-than-expected result for pay that’s under close
2023-05-09 11:16
Australia Set to Report First Budget Surplus in 15 Years
Australia is headed for its first budget surplus since 2008 as windfall tax revenue from a fully employed
2023-05-09 08:28