Brexit to lead UK to face inflation, recession risks- ECB’s Villeroy
Britain will face two key challenges, inflation and recession, after Britons voted to leave the European Union, or…
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Inflation
Euro zone returns to inflation in June, at modest 0.1pct rate
The euro zone returned to inflation in June after four months of falling or stagnant consumer prices, principally…
New annual wage raise in Egypt’s civil services bill would cost $168mln: Minister
Egypt's budget would increase by 1.25-1.5 billion Egyptian Pounds ($168.8 million) if the parliament approves the…
ECB ready to act with all instruments, if necessary: Draghi
Euro zone growth is gaining momentum but uncertainty is high and the inflation outlook is subdued so the European…
Egypt’s central bank raises interest rates 100 basis points
The Central Bank of Egypt (CBE) has decided to raise interest rates by 100 basis points after core inflation rate…
BOJ holds off on easing despite weak inflation, sparks yen spike
The Bank of Japan refrained from offering additional monetary stimulus on Thursday despite external headwinds and…
Economists vary on interest rate decision amid Egypt’s record core inflation
Five economists had different predictions on whether Egypt's central bank would raise or hold interest rates at its…
Yen, Brexit, inflation keep BOJ on edge, but policy seen steady for now
A renewed spike in the yen is adding to headaches for Bank of Japan policymakers meeting for a rate review this…
Egypt’s annual urban consumer price inflation climbs to 12.3% in May
Egypt's annual urban consumer price inflation climbed to 12.3 percent in May from 10.3 percent in April, the…
Asian shares sag on revived U.S. rate hike views
Asian shares weakened on Wednesday in the wake of accelerating U.S. inflation and comments from Federal Reserve…