Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook
Christine Lagarde, president of the European Central Bank (ECB), speaking at the ECB Forum in Sintra, Portugal on…
Indonesia: Post-S&P optimism faces weak risk uptake – DBS
DBS Group Research economist Radhika Rao notes that S&P Global Ratings has retained Indonesia’s sovereign rating and stable…
Bank of Korea raises rates to 2.75% in first hike in over three years
SEOUL, SOUTH KOREA – 2025/05/07: General view of the headquarters of the Bank of Korea in central Seoul.…
Inflation Still Market’s Top Risk, Bond Yields Could Surge: ‘Dr. Doom’
Famed economist Nouriel Roubini, whose bearish forecasts on the economy have earned him the moniker of “Dr. Doom,”…
Industrial production down by 0.2% in the euro area and by 0.1% in the EU – Euro indicators
Overview In May 2026, compared with April 2026, seasonally adjusted industrial production decreased by 0.2% in the euro…
Rise in energy and petrol prices due to Iran war holding back UK economy, OECD warns
The UK economy is being held back by renewed energy inflation, a direct consequence of the Middle East…
Why Australians shouldn’t panic about latest surge in oil prices and state of supply
Drivers are anxiously watching the situation at their local petrol stations to see how tensions flaring in the…
PPI wholesale inflation falls 0.3% in June thanks to lower gas prices
Wholesale inflation dipped in June, the Bureau of Labor Statistics reported Wednesday, with the Producer Price Index for…
Nigeria’s Economy Making Progress Despite Reforms, Says Tinu
President Bola Tinubu on Wednesday said Nigeria’s economy was making serious foundational progress despite the difficulty of the…
BoC’s Macklem: Canadian Dollar weakness not a factor in rate decisions
The Bank of Canada (BoC) left its policy rate unchanged at 2.25% on Wednesday, as widely anticipated. Governor…
Nigeria’s inflation rate slows to 15.91 %
…As food index rises By Elizabeth Adegbesan The National Bureau of Statistics, NBS, has said headline inflation rate…
Rachel Reeves’s legacy is a hollow economic project
Last night, Rachel Reeves gave what is likely to be her last Mansion House speech as Chancellor. In…