China’s stubborn savers ignore inducements to spend as growth slows
Chinese consumer spending has failed to respond to government measures even though household deposits are slowing and banks have slashed…
UK growth fix can start with pampered rich savers
Keir Starmer’s growth plans can start with pampered savers. To “take the brakes off Britain”, the new UK prime minister…
Fed’s Daly says ‘not there yet’ on price stability
Federal Reserve Bank of San Francisco President Mary Daly said she is looking for more confidence that inflation is moving…
Japan cuts growth forecast, prime minister warns of weak-yen pain
Japan’s government cut this year’s growth forecast on Friday as consumption took a hit from rising import costs due to…
BOJ to forego July rate hike, over three-quarters of economists say: Reuters poll
The Bank of Japan will skip raising interest rates at its policy-setting meeting at the end of July as it…
Japan’s capital seen facing increased inflation pressure: Reuters poll
Tokyo-area’s core consumer inflation likely accelerated slightly in July compared with the previous month, a Reuters poll of 17 economists…
UK GfK consumer confidence edges up to near 3-year high
Confidence among Britain’s consumers inched up to its highest in almost three years this month, but the change in government…
Japan core inflation perks up in June, keeps BOJ rate hike hopes alive
Japan’s core inflation accelerated for a second straight month in June, data showed on Friday, extending a more than two-year…
THINK Ahead: US inflation and CEE data in focus
THINK Ahead in developed markets United States (James Knightley) • GDP (Thu): The advanced estimate of second quarter GDP growth…
Greece’s Attica Bank finalises deal to merge with Pancretan Bank
Attica Bank BOAr.AT, Greece’s fifth largest lender, announced on Thursday that it had finalised a deal to merge with the…