Economy News

Economy

Inflation in Russia Expected to Decline by May, Central Bank Governor Predicts

Russian Central Bank Governor Elvira Nabiullina forecasts a decrease in inflation starting May, with a cautious outlook due to potential temporary spikes. The key interest rate rem...

Economy

Uncertainty Looms as BoE's Megan Greene Questions Future US Tariffs Impact on UK Economy

Bank of England's Megan Greene voices uncertainty over future US tariffs and their impact on the UK economy, highlighting concerns over supply issues, productivity growth, and pote...

Economy

Inflation in Russia Predicted to Decline by May, Central Bank Governor Announces

Russian Central Bank Governor Elvira Nabiullina predicts a decrease in inflation by May, with a cautious outlook due to potential temporary upticks. The key interest rate remains a...

Economy

Bank of Russia Holds Interest Rates Steady at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to combat inflation, aiming for a 4% target by 2026. Despite expectations of declining inflationary pressures, high inflation...

Economy

February Sees a 0.4% Dip in Canadian Retail Sales, Yet Core Sales Show Resilience

Canadian retail sales dipped by 0.4% in February, with core sales excluding certain sectors rising by 0.5%. The motor vehicle sector saw the largest decline, while gasoline sales s...

Economy

UK's Rachel Reeves Prioritizes EU Trade Relations Over US, Citing Proximity and Partnership

British Chancellor Rachel Reeves emphasizes the UK's trade relations with the EU as more crucial than those with the US, citing proximity and partnership. Efforts include meetings ...

Economy

April Sees a Sharp Decline in US Consumer Confidence Amid Economic Uncertainties

US consumer confidence in April took a significant hit, with indices showing sharp declines both monthly and annually. The University of Michigan's report highlights a fourth strai...

Economy

April Marks a Steep Decline in US Consumer Confidence: A Four-Month Downward Trend

US consumer confidence continues its downward trend in April, with significant monthly and annual declines reported by the University of Michigan. The Current Economic Conditions a...