European Central Bank set to inch closer to the end of its hiking cycle This week the European Central Bank (ECB) is expected to increase… Đọc tiếp »The European Central Bank is approaching the end of its hiking cycle with small steps.
Global oil demand to peak before the end of the decade The International Energy Agency (IEA) has predicted that global oil demand growth will slow… Đọc tiếp »Before the decade’s end, peak global oil demand predicted.
UK short-term borrowing costs shoot past ‘mini-budget’ crisis levels on strong labor data UK borrowing costs have hit their highest level since August 2008 after… Đọc tiếp »Strong Labor Data Causes UK Short-Term Borrowing Costs to Exceed ‘Mini-Budget’ Crisis Levels
Inflation outlook hits two-year low in latest New York Fed survey Consumers are feeling more optimistic about inflation as prices begin to trend downward, according… Đọc tiếp »Latest New York Fed survey reports two-year low in inflation predictions
Why the new bull market is headed for more Fed stress after a pause Traders are predicting that the Federal Reserve will announce a pause… Đọc tiếp »After a brief respite, the new bull market is likely to encounter further stress from the Fed.
Turkey’s Erdogan appoints Hafize Gaye Erkan as central bank governor President Recep Tayyip Erdogan of Turkey has appointed Hafize Gaye Erkan, a former Goldman Sachs… Đọc tiếp »Central Bank of Turkey’s new Governor Hafize Gaye Erkan appointed by Erdogan
Inflation cools in May, CPI and PPI shows China’s low inflation fueled hopes for a sustained recovery as the country’s consumer price index (CPI) only… Đọc tiếp »May sees a decrease in inflation as shown by CPI and PPI
Consumers are keeping the U.S. out of a recession. It’s getting harder As the first half of 2023 comes to a close, the predicted U.S.… Đọc tiếp »It’s becoming increasingly difficult for the U.S. to avoid a recession as consumers continue to play a critical role in preventing it.
Japan’s GDP revised sharply higher, grew 2.7% in first quarter on robust spending Japan’s economy grew at an annualized rate of 2.7% in the first… Đọc tiếp »Robust spending leads to sharp increase in Japan’s GDP, growing 2.7% in Q1 according to revised figures.
Georgia, Armenia economies at risk over Russia trade sanctions Caucasus countries Georgia and Armenia face the prospect of Western retaliation following a spike in trade… Đọc tiếp »“Russia Trade Sanctions Pose Economic Risk to Georgia and Armenia”