Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due…
EU weighs limited fiscal flexibility on energy after Meloni push
Published on 22/05/2026 – 13:58 GMT+2 The European Union is considering the use of “existing flexibilities” within its…
JPMorgan sees Turkey central bank lift interest rates to 40% imminently
LONDON, May 22 (Reuters) – Investment bank JPMorgan said on Friday that Turkey’s central bank was likely to…
ECB policymaker Demarco says that the ECB will probably need to hike in June
The ECB will probably need to hike in JuneThe ECB must show commitment to 2% target to stay…
ECB ‘hell-bent’ on rate hike ‘mistake’: economist flags recession risk
The European Central Bank would be making “a big mistake” by hiking interest rates in a bid to…
As its firms look overseas, China overtakes US to become top foreign investor in Germany
China overtook the US to become Germany’s top single-country source of foreign direct investment (FDI) last year, a…
Biggest drop in petrol purchases in six years hits retail sales in Great Britain | Retail industry
Motorists cutting back on petrol and fuel purchases at the steepest rate since the Covid pandemic in 2020…
UK borrows more than forecast in April as inflation adds to benefits bill | Government borrowing
The UK borrowed more than expected in April as high inflation drove up the cost of pensions and…
Why Oil’s Supply Crunch Could Arrive Late
The oil market still looks surprisingly calm for a system that has spent nearly three months absorbing the…
RBNZ set to hold at 2.25% but majority now see hikes coming by end-September
A Reuters poll shows 28 of 29 economists expect the RBNZ to hold rates at 2.25% on May…
Walmart says lower-income shoppers are ‘navigating financial stress’ – National
Walmart says lower-income shoppers appear to be increasingly “navigating financial stress.” This comes as the so-called “K” shaped…
Prime Minister signals possible housing tax cuts in B.C. economic vision | Daily Hive
Prime Minister Mark Carney delivered an expansive and highly consequential economic address Wednesday to the Greater Vancouver Board…