China unveils $1.4 trln local debt package but no direct stimulus
China unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government financing strains and stabilise…
Europe lacks scope for fiery Trump trade riposte
Europe has few easy ways to tame Donald Trump. The return of a self-styled tariff man in the White House…
ING: The upside and downside risks to our global outlook
The upside risks: Higher growth, higher rates Expectations for US growth in 2025 are already pretty high following Donald Trump’s…
US, UK and Sweden pile on rate cuts
The United States, Britain and Sweden all cut interest rates this week, even as Donald Trump’s U.S. election win introduced…
Greek industrial output rises 2.5% y/y in September
Greek industrial output rose by 2.5% year-on-year in September, after an upwardly revised 3.3% increase in August, data from statistics…
UK starting pay cools again, survey shows
Britain’s labour market showed further signs of cooling last month, according to a survey that showed the weakest wage growth…
Stable inflation supports Bank of Japan’s policy normalisation
GDP is expected to moderate in the third quarter Japan’s automobile production disruptions in July and August started to normalise…
Bank of England cuts rates and downplays budget impact
Don’t read much into the BoE’s latest forecasts… Nobody will be very surprised to learn that the Bank of England…
Turkey’s central bank raises inflation forecasts, vows tight policy
Turkey’s central bank raised its year-end inflation forecasts for this year and next to 44% and 21% respectively on Friday,…
Turkey’s central bank raises inflation forecasts, vows tight policy
Turkey’s central bank raised its year-end inflation forecasts for this year and next to 44% and 21% respectively on Friday,…