Economy News

Economy

BoE's Greene Expresses Uncertainty Over Future US Tariffs and UK Economic Challenges

Bank of England's Megan Greene discusses the uncertainty of future US tariffs and the challenges facing the UK economy, including supply issues and weak productivity growth. She al...

Economy

Russian Central Bank Predicts Inflation Decline by May, Governor Nabiullina Highlights Cautious Optimism

Russian Central Bank Governor Elvira Nabiullina forecasts a decrease in inflation by May, with the bank keeping the key interest rate at 21%. Despite passing the peak inflation in ...

Economy

April's Alarming Drop in US Consumer Confidence: A Deep Dive into the Numbers

The University of Michigan reports a significant decline in US consumer sentiment in April, with indices showing substantial monthly and yearly drops. Expert analysis highlights co...

Economy

Bank of Russia Holds Steady: Key Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to fight inflation, aiming for a 4% target by 2026. Inflation forecasts remain unchanged, with challenges from high expectati...

Economy

February Sees a Dip in Canadian Retail Sales: A Closer Look at the Numbers

Canadian retail sales dipped by 0.4% in February, with core sales excluding certain sectors rising by 0.5%. Motor vehicle sales fell sharply, while gasoline stations saw a slight i...

Economy

Uncertainty Looms: BoE's Greene on Future US Tariffs and UK Economic Challenges

Megan Greene of the Bank of England discusses the uncertainty surrounding future US tariffs and the challenges facing the UK economy, including supply issues and weak productivity ...

Economy

UK's Rachel Reeves Emphasizes Stronger Trade Ties with EU Over US in Recent Remarks

British Chancellor Rachel Reeves underscores the importance of UK's trade with the EU over the US, highlighting recent meetings with European finance ministers and upcoming EU summ...

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...