Charting the global economy: ECB is leaning toward rate hikes
The European Central Bank is leaning toward lifting interest rates as soon as next month unless there are…
Mohammed El-Erian: Global recession could happen within a month if Strait of Hormuz stays closed
The countdown is on: The global economy has four weeks, eight at most, if it is to avoid…
National average house prices rose slightly in April, the slowest pace of growth since January 2025
National home prices have recorded the slowest growth in more than a year, rising just 0.3 per cent…
April monthly inflation seen at 3.2 percent
ISTANBUL Türkiye’s monthly inflation rate is projected to climb to 3.19 percent in April, according to a survey…
K-shaped economy ‘alive and well,’ expert says. What new research shows
The so-called K-shaped economy is becoming more pronounced, new data shows. In the aftermath of the Covid pandemic, the…
Turkish central bank says April inflation driven by energy, food
In last week’s policy meeting, the Turkish central bank suggested that inflation in April is being driven mainly…
PCE inflation rate March 2026:
Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level…
Climate change is already showing up in the cost of living
In the summer of 2022, a heat wave in Europe drove temperatures to a record-breaking 115 degrees in…
Eyes on economic data, policy signals as busy May awaits Türkiye
Markets in Türkiye are set to focus on a busy economic calendar in May, with investors closely watching…
What is inflation and should you be worried about it?
Hi, I’m ABC business journalist Emily Stewart, and I’m here to help you understand the latest inflation figures,…
See how the price of everything has changed with inflation
The cost of most everyday items is up — here’s by how much. If it feels like (almost)…
UK Faces Recession Risk as Iran War Threatens Growth and Inflation
The UK risks finding itself on the brink of recession as a result of the Iran war, a…