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,…
BoJ’s Tamura: Japan’s neutral rate is about 2%
Bank of Japan (BoJ) board member Naoki Tamura said on Thursday that Japan’s neutral rate is about 2%…
Fresh inflation storm gathers over construction
Consultant Arcadis has increased the upper end of its previously already high tender price inflation forecasts for 2026…
Headline inflation eases more than expected but RBA rate-hike risk remains, ASX 200 rises — as it happened
The chances of an interest rate increase at the next RBA meeting have risen after the release of…
Sydney and Melbourne tipped to lead housing price drops as market cools
Up to $122,000 could be wiped off the value of the typical Sydney house over the next year,…
More price rises on the way later this year
The Economic and Social Research Institute (ESRI) has warned of “second-round effects” on prices later this year as…
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…
FG issues fresh petrol import permits for Q3 2026
The Federal Government, through its Nigerian Midstream and Downstream Petroleum Regulatory Authority, has approved fresh imports of petrol…
Japan maps $2.3tn investment plan across 17 strategic sectors
TOKYO (Kyodo) — The Japanese government said Wednesday it will target 370 trillion yen ($2.3 trillion) in combined…
Treasury Secretary Bessent says U.S. GDP growth can return to 3% before end of the year
Treasury Secretary Scott Bessent expressed confidence Wednesday that the U.S. economy can get back on the path to…
US Q1 current account -$226.8 vs -$215 billion expected
Prior was -$190.7 billion The US current account deficit widened to $226.8 billion in Q1, a $5.8 billion…