Sterling steady as investors await inflation data
The pound sterling held steady on Wednesday, trading at $1.2443 against the dollar and dipping slightly to 83.37…
Browsing Tag
Inflation
IMF chief: MENA growth to rebound to 3.6% in ’25
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said on Monday growth in the…
ECB rate cut likely in March, more to follow—Simkus
European Central Bank (ECB) policymaker Gediminas Simkus, who is also the Governor of Lithuania's central bank,…
Euro area inflation up to 2.5% in Jan’25
Euro area annual inflation is expected to be 2.5 per cent in January 2025, slightly up from 2.4 per cent in…
Trump tariffs to fuel US inflation, weaken euro – ECB’s Knot
Klaas Knot, a member of the European Central Bank's governing council, warned on Sunday that new US tariffs imposed…
Germany’s consumer climate slips in early ’25
Germany's consumer sentiment weakened at the start of 2025, with the GfK Consumer Climate index forecast to drop to…
Lagarde: Political influence threatens c. banks independence
European Central Bank President Christine Lagarde has warned that increasing political interference in central…
UK businesses to cut pay awards amid tax hikes
A majority of British businesses plan to reduce staff pay awards following tax hikes announced in October's budget,…
Türkiye’s central bank cuts interest rate to 45%
Türkiye's central bank cut its key interest rate by 250 basis points to 45 per cent on Thursday, continuing the…
ECB’s Knot backs market forecast for rate cuts
European Central Bank (ECB) policymaker Klaas Knot expressed support for market expectations of interest rate cuts…
AfDB 2023