Egypt’s PM: Crisis committee formed to monitor regional developments
Egypt is taking proactive measures to safeguard its economy, including the formation of a crisis committee,…
Browsing Tag
Inflation
Euro area inflation eases to 1.9% in May ’25
The euro area’s annual inflation rate reached 1.9 per cent in May 2025, down from 2.2 per cent in April, according…
Rate cut eases pressure on Russian budget – Manturov
Lowering Russia’s key interest rate by one percentage point could save the federal budget around 260 billion rubles…
S. Korea’s export, import prices decline in May ’25
South Korea’s export and import prices saw notable declines in May 2025, while trade volumes posted modest…
NZ food prices rise YoY in May ’25
Food prices in New Zealand rose 4.4 per cent in the 12 months to May 2025, accelerating from a 3.7 per cent…
Japan keeps rate, plans gradual bond cut – BOJ
The Bank of Japan (BOJ) kept its benchmark interest rate steady at around 0.5 per cent on Tuesday, while unveiling…
De Guindos: ECB wiser on dangers of easy money
The European Central Bank (ECB) will take a more cautious approach to monetary stimulus tools such as quantitative…
Sterling steady on Monday ahead of BoE decision
Sterling held steady against the US dollar on Monday, trading at $1.359 as investors awaited the Bank of England’s…
Sterling hits 6-week low against euro as rate cut bets mount
The British pound strengthened against the US dollar on Thursday but slumped to a six-week low against the euro, as…
ECB rate cut to keep inflation on track – Lane
The European Central Bank’s latest interest rate cut will support inflation returning to the 2 per cent target…