Bank of England Governor Andrew Bailey warns against rapid rate cuts despite easing inflation, as the MPC narrowly votes to reduce interest rates by 25 basis points to 4%.
US Commerce Secretary Howard Lutnick anticipates a 90-day extension on the China tariff deadline, offering more time for trade negotiations. He also mentioned no tariffs for US-mad...
Bank of England Governor Andrew Bailey discusses the uncertain path of monetary policy, emphasizing a downward trend in interest rates despite unclear neutral rates and timelines. ...
Bank of England Governor Andrew Bailey warns of higher-than-expected savings rates and weaker consumption, with inflation more influenced by UK domestic factors than global trends,...
The Energy Information Administration reports a 7 billion cubic feet increase in US natural gas inventories for the week ending August 1, with levels remaining above the five-year ...
US wholesale inventories grew slightly by 0.1% in June, totaling $906.3 billion, with sales up 0.3% from May. The inventory-to-sales ratio improved, showing efficient management.
Atlanta Fed President Raphael Bostic predicts businesses, particularly small ones, will continue adjusting to tariffs into 2026, with significant challenges for pricing and consume...
Federal Reserve's Bostic discusses the implications of recent job data revisions, revealing economic turbulence and elevated labor market risks, while maintaining optimism about th...
