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Philippines Central Bank Holds Rates, But Appears Less Hawkish
The Wall Street Journal· 15 hours agoBSP lowering its inflation forecast and hinting at cuts in the third or fourth quarter backs Capital...
Here's the deflation breakdown for April 2024 — in one chart
CNBC· 9 hours agoInflation is higher than policymakers would like across the broad U.S. economy. Deflation means...
Retail sales were unchanged in April from March as inflation and interest rates curb spending
WENY-TV· 1 day agoRetail sales were also dragged down by a 1.2% drop in online business, reflecting a new sales event...
Eurozone economy grows half as fast as UK
The Telegraph via Yahoo Finance· 1 day agoIt means that while its recession is over, growth is still half the 0.6pc recorded in the UK during the same period, a rate described as “gangbusters” by...
Why Biden’s monster EV tariffs could inflame a Europe-China trade war
CNN Business via Yahoo Finance· 1 day agoUS President Joe Biden has quadrupled tariffs on electric vehicles from China to 100%, effectively...
U.K. Inflation to Settle Below 2% Target
The Wall Street Journal· 7 hours agoInflation in the U.K. could soon be “too low,” beneath Bank of England forecasts that expect it to rebound after a fall in April, Capital Economics’ chief U.K. economist Paul Dales says.
Israel economy grows 14% in first quarter after heavy Gaza war setback in 2023
Market Watch· 13 hours agoIsraeli bombardments and ground invasions of Gaza have continued throughout 2024 to date, while...
US inflation eased last month in the first slowdown of 2024
The Chippewa Herald· 1 day agoLed by lower food and auto prices, inflation in the United States cooled slightly last month after...
BSP signals possible rate cut in Aug. - BusinessWorld Online
BusinessWorld· 8 hours agoTHE BANGKO ng Pilipinas (BSP) stood pat for a fifth straight meeting but signaled a “less hawkish”...
South African rand firms to five-month high on Fed rate cut bets
Reuters· 14 hours agoThe South African rand strengthened to a five-month high on Thursday, as risk sentiment improved on...
