U.S. Inflation Problems Are Far From Over
If a preliminary deal to end the war with Iran holds, the worst of the inflation surge that…
Bangladesh turns to $80bn ADB-backed economic corridor for growth
Economy Initiative’s success seen hinging on reforms to lure private capital The Asian Development Bank-backed Integrated Growth Network…
New inflation report could fuel concerns over higher rates
A closely watched inflation report is set to reveal how much price growth picked up in May —…
ECB policymaker Schnabel says further rate hikes will likely be needed
ECB’s Schnabel reiterated that ECB is not done tightening yet. She’s one of the ECB’s most influential voices,…
FG Approves Fresh Petrol, Diesel Imports to Avert Supply Shortages
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has approved fresh imports of…
Weak economy, rising inflation presented a dilemma for Bank of Canada’s latest rate setting decision, deliberations show
Bank of Canada Governing Council members noted that monetary policy needs to remain “nimble” because markets and events…
Hawkish Fed drowns out Iran truce and long-term savers benefit
Open this photo in gallery: A TV displays U.S. Federal Reserve Chair Kevin Warsh’s news conference as traders…
Plastics shortages to keep food prices high after war disruptions
SINGAPORE – Asian consumers will be facing higher grocery bills for months thanks to costly packaging stemming from…
Australia’s Unemployment Rate falls in May: What 4.4% means for AUD/USD
Australia’s Unemployment Rate fell to 4.4% in May from 4.5% in April, according to the official data released by…
Why the Vietnam ‘detour’ for US-bound Chinese goods hit a dead end
Nearly a decade ago, one of China’s largest textile exporters concocted a plan to hedge against trade barriers…
Bessent sees GDP growth booming this year. Kalshi traders see little chance of that
While Treasury Secretary Scott Bessent believes the U.S. economy can achieve 3% growth this year, traders on Kalshi…
ECB’s Schnabel: “More hiking is needed to get to 2%.”
European Central Bank (ECB) Executive Board member Isabel Schnabel said on Wednesday that from the present perspective, further…