Australia set for 2nd budget surplus, says treasurer
Australia is set to record a second budget surplus in the “mid-teens,” according to Treasurer Jim Chalmers, who…
Browsing Tag
Inflation
Investors brace for potential ECB rate cut – Bloomberg
European Central Bank (ECB) officials might soon prepare investors for another interest-rate cut, but this will…
Germany sees 41% surge in company insolvencies in H1 ’24
Germany saw a 41 per cent increase in insolvencies among medium-sized and large companies in the first half of…
UK economy approaches soft landing post recession – IMF
The UK economy is nearing a soft landing, with growth recovering faster than anticipated following a mild technical…
BoE’s Haskel backs high rates, warns of labour market issues
Bank of England (BOE) policymaker Jonathan Haskel announced he will vote to maintain interest rates at a 16-year…
Sterling hits 3-week high against euro on Monday
The pound reached a three-week high against the euro on Monday following France's parliamentary elections, which…
UK firms less likely to raise prices – BCC
British firms are less likely to raise prices in the coming months, according to a survey by the British Chambers…
Bank of Russia mulls key rate hike at July
The Board of Directors of the Bank of Russia will review key macroeconomic forecast parameters, including a…
Russia’s inflation to peak in July, decline by August
Annual inflation in Russia is expected to reach its peak in July, followed by a gradual decline starting in August…
Eurozone services growth moderates to 3-m low
The HCOB Eurozone Services PMI Business Activity Index indicated continued growth in business activity among…
