ECB President Lagarde says ECB will follow a data-dependent, meeting-by-meeting approach
Full report here Lagarde declined to provide specific guidance regarding the ECB’s upcoming June 11 meeting. She emphasized…
India Forex Reserves Drop USD 8 Billion to $688.894 Billion: Rediff Moneynews
India’s forex reserves decreased by USD 8.094 billion to USD 688.894 billion in the week ending May 15,…
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…
What are the main events for today?
EUROPEAN SESSION In the European session, the main highlight was the UK retail sales report. The data missed…
Rations and panic buying – what supermarket price caps might look like
Ministers are pressing supermarkets to cut costs for shoppers by capping prices on essentials such as eggs, bread…
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…
One in a thousand: The European countries where the ultra-rich earn the most
The share of income going to the richest 0.1% varies widely across Europe. In some countries, it is…
UK borrowing hits higher than expected £24.3bn in April; retail sales drop as drivers cut back on fuel – business live | Business
Introduction: UK borrowing hits £24.3bn in April; retail sales drop as Iran war weighs on confidence Good morning,…
Bank of England governor says food price freezes are ‘unsustainable’
Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The…
Euro area economic activity falls at quickest pace in over two years in May
Services PMI 46.4 vs 47.7 expectedPrior 47.6Manufacturing PMI 51.4 vs 51.8 expectedPrior 52.2Composite PMI 47.5 vs 48.8 expectedPrior…
UK and Irish consumers edge up from lows but spending caution runs deep
UK consumer confidence beat forecasts in May at -23, while Irish sentiment rebounded sharply from a 40-month low,…
‘Let them eat junk’ – what ultra-processed foods are really doing to our children’s health
There will have been a collective sigh of relief from cash-squeezed families around the country at news that…