Euro zone inflation steady at 2.4%, keeping June rate cut in play as economy returns to growth
Price rises in the euro area held steady at 2.4% in April, while the economy returned to growth in the…
IMF chief warns of emerging market risk with high U.S. interest rates
Kristalina Georgieva, the managing director of the International Monetary Fund, played down the prospect of any negative impact from a…
Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back
Saudi Arabia’s economy minister rejected recent reports that the kingdom’s $1.5 trillion NEOM megaproject, a futuristic desert development on the…
WEF president: ‘We haven’t seen this kind of debt since the Napoleonic Wars’
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy saying the world faces…
All the data so far is showing inflation isn’t going away, and is making things tough on the Fed
The last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in,…
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
Inflation showed few signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that…
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
U.S. economic growth was much weaker than expected to start the year, and prices rose at a faster pace, the…
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well,…
