Britain’s economy slips into mild recession last year
Britain's economy slipped into a mild recession last year, according to official data, posing a challenge for Prime…
Browsing Tag
Inflation
Eurozone wage slowdown favours rate cut
The European Central Bank (ECB) is increasingly optimistic that by mid-2025, inflation will decrease to its 2 per…
UK grocery inflation dips to 4.5%
UK grocery price inflation dropped to its lowest since February 2022, but nearly 25 per cent of British households…
Singapore core inflation rises by 3.6% in Feb.
Singapore's core inflation in February rose by 3.6 per cent year-on-year, reaching its highest level since July…
Turkey’s c.bank hikes rates to 50% in surprise move
Turkey’s central bank has raised its key interest rate from 45 per cent to 50 per cent, citing the continuing need…
Inflation, living costs impact UK’s budget deficit
UK’s budget deficit in February was larger than anticipated, according to official data, with cost of living…
ECB prepares banks for a changing risk landscape
Eurozone banks must revise their risk management strategies in light of several challenges, according to Claudia…
Asian stocks soar to record highs on Fed decosion
Gold prices and benchmarks in Tokyo and Taipei soared to record highs on Thursday, mirroring the S&P 500’s…
ECB’s rate path uncertain after 1st cut – Lagarde
The European Central Bank (ECB) indicated that it cannot commit to a predetermined number of interest rate cuts,…
South Africa’s inflation: a February ascent
South Africa witnessed in February a rise in consumer inflation for the second consecutive month, reaching 5.6 per…