Featured No rush for rate cuts – ECB’s Makhlouf Aya El Sayed Jul 21, 2024 0 Rapid interest-rate action is not necessary at this time, Gabriel Makhlouf, a member of the European Central Bank's…
Africa News South African Reserve Bank keeps repo rate unchanged amid economic challenges Yomna Yasser Jul 18, 2024 0 South African Reserve Bank (SARB) decided on Thursday to leave interest rates unchanged in a split decision. Two of…
Featured Sterling slips 0.1%, still set for weekly gain Aya El Sayed Jul 18, 2024 0 The pound sterling dipped 0.1 per cent on Thursday to $1.2995 but remains on track for a fourth consecutive weekly…
Featured UK wage growth remains elevated, BoE targets inflation Aya El Sayed Jul 18, 2024 0 wage growth for workers in Britain moderated In the three months leading up to the end of May, inflation remained…
Featured Sterling soars to 2-yr peak vs euro Aya El Sayed Jul 17, 2024 0 The pound reached its highest level in nearly two years against the euro and around one year against the dollar on…
Featured ECB inflation goals jeopardised by productivity concerns Aya El Sayed Jul 17, 2024 0 A critical element in the European Central Bank's (ECB) strategy for reducing inflation to 2 per cent is facing…
Featured Sterling stable as major data approaches Aya El Sayed Jul 16, 2024 0 The pound sterling held steady on Tuesday, just shy of a one-year high against the dollar reached the previous day,…
Featured European companies slash jobs due to inflation, war Aya El Sayed Jul 15, 2024 0 Elevated inflation and the ongoing war in Ukraine have led to a wave of layoffs across Europe, affecting multiple…
Featured Inflation unlikely to rise, time to cut rates – BOE’s Dhingra Aya El Sayed Jul 15, 2024 0 Inflation in Britain is unlikely to rise sharply again, and the central bank should reduce borrowing costs, Bank of…
Featured French GDP growth to reach 1.3% by ’25 – IMF Aya El Sayed Jul 14, 2024 0 The French economy will see growth gradually increase to 1.3 per cent by 2025, starting at 0.9 percent in 2024,…