Şimşek says recent price data don’t alter disinflation perception
Türkiye’s disinflation process remains on track despite recent price data, Treasury and Finance Minister Mehmet Şimşek said on…
AI Boom Drives US GDP Growth
I’m Ben Holland, an economics editor in Washington. Today we’re looking at the US AI boom and its…
Interest rates will fall again when inflation returns to target but that could require a painful adjustment
There is a big, fat elephant in the room. The federal government insists it has devoted considerable resources…
Albanese’s salad days are stalked by the spectres of stagflation and soaring bills
As the prime minister saunters down the RAAF VIP airstair on Sunday after another successful overseas trip some…
Private Credit’s Rising Pile of ‘Bad PIK’ Points to Default Woes
It was supposed to be a quick fix for a sudden problem in credit markets. Payment-in-kind debt, the…
ECB Holds Rates With Inflation Near 2% and Economy Expanding
The European Central Bank left interest rates unchanged for a third meeting, with inflation in check and the…
Take heart, borrowers, Bank of Canada rate cuts might still be on the table
The Bank of Canada made it plain yesterday that this might be it for rate relief. Canada’s central…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
Short-Term Treasuries Fall Amid Progress in US-China Trade Talks
Short-term Treasuries dipped as demand for havens waned amid growing optimism that the US and China are nearing…
Euro Zone to Get Hard Data on Tariff Damage as ECB Sets Rates
Europe will get a rigorous economic health-check this week, helping gauge the impact of US tariffs on growth…
Russia’s central bank tries to prop up ailing economy with rate cut – POLITICO
It’s unusual for a central bank to lower its policy rate while revising its inflation outlook upward, since…
Euro-Zone Business Activity Unexpectedly Hits Highest Since 2024
Business activity in the euro area unexpectedly reached its highest level since May 2024 as outperformance by Germany…