Spain approves € 3b tax relief to combat inflation
Spain's government has approved an inflation relief package worth nearly 3 billion euros ($3.21 billion), which…
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Inflation
ECB to take remedial action for failing emission goals
The European Central Bank (ECB) announced on Tuesday its intention to establish emission reduction targets for…
Singapore inflation holds steady at 3.1%
Singapore's core inflation rate remained unchanged at 3.1 per cent on a year-on-year (y-o-y) basis in May compared…
Turkey’s c. bank to review rates on June 27
Türkiye’s Central Bank is set to convene this week to decide on its policy rate, currently at 50 per cent, when the…
CBE’s Hassan Abdalla: Anchoring inflation expectations is key
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), emphasised on Wednesday the importance of managing…
Afreximbank: Africa’s economies expected to grow by 3.8% in ’24
African economies are expected to grow by 3.8 per cent in 2024, exceeding the global forecast of 3.2 per cent, with…
Ukraine cuts rates to 13% as blackouts hinder growth
Ukraine’s central bank has implemented a third consecutive cut in borrowing costs, lowering the key interest rate…
UK housing market slows as rate cut hopes fade
Britain's housing market slowed in May as the outlook for imminent rate cuts by the Bank of England dimmed, causing…
US Fed officials expect higher inflation this year
US Federal Reserve officials are expecting a higher inflation rate this year, 2.6 per cent measured by the Personal…
ECB’s Kazaks: cautious approach needed for rate cuts
The European Central Bank (ECB) should approach rate cuts cautiously to avoid a resurgence in inflation, advised…
