S&P Global: UK consumer confidence stuck in negative territory
UK consumer confidence remained deeply negative in June, with households facing mounting financial pressure from…
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monetary policy
Eurozone growth stagnates in June, services stall
The Eurozone’s private sector showed minimal growth in June, with the HCOB Flash Composite PMI Output Index…
Egypt’s Hassan Abdalla wins Arab Banking Union’s Governor of the Year
Hassan Abdalla, the governor of the Central Bank of Egypt (CBE), was named the "Governor of the Year" by the Arab…
Fed trims US GDP growth outlook
The Federal Reserve lowered its 2025 growth outlook. It indicated only gradual interest rate cuts in the coming…
Rate cut eases pressure on Russian budget – Manturov
Lowering Russia’s key interest rate by one percentage point could save the federal budget around 260 billion rubles…
Japan keeps rate, plans gradual bond cut – BOJ
The Bank of Japan (BOJ) kept its benchmark interest rate steady at around 0.5 per cent on Tuesday, while unveiling…
De Guindos: ECB wiser on dangers of easy money
The European Central Bank (ECB) will take a more cautious approach to monetary stimulus tools such as quantitative…
Sterling hits 6-week low against euro as rate cut bets mount
The British pound strengthened against the US dollar on Thursday but slumped to a six-week low against the euro, as…
ECB rate cut to keep inflation on track – Lane
The European Central Bank’s latest interest rate cut will support inflation returning to the 2 per cent target…
Zambia secures IMF staff-level deal
Zambia has reached a staff-level agreement with the IMF for a $194 million disbursement under the Fifth Review of…