India’s June infrastructure output rises at slowest pace in nearly two years
India’s infrastructure output in June rose 4% year-on-year, its slowest pace in nearly two years, government data showed on Wednesday,…
Russia vs Ukraine: the biggest war of the fake news era
In early April, some residents of Kharkiv received a series of chilling text messages from government officials telling them to…
German inflation provides new argument for ECB hawks
The just-released flash estimate of German inflation in July shows that there is still some way to go before it…
German unemployment rises more than expected in July, labour office data shows
The number of people out of work in Germany rose more than expected in July in the latest sign of…
China will implement consumption tax reform step-by-step, vice finmin says
China will implement consumption tax reform step-by-step and standardise management of local governments’ non-tax revenues, Vice Finance Minister Wang Dongwei…
Bank of Japan surprises with 15bp hike, but bond purchase slowdown only gradual
BoJ accelerates policy normalisation We believe that recent data has been good enough to give the Bank of Japan confidence…
Euro zone inflation edges up in ‘difficult print’ for ECB
Euro zone inflation unexpectedly edged up in July, data showed on Wednesday, although a widely watched gauge of price growth…
UK ratesetters can stop worrying and start cutting
The Bank of England is cutting it fine, but is fine cutting rates. With headline inflation at the 2% target,…
BOJ raises interest rates, lays out bond taper plan
The Bank of Japan raised interest rates on Wednesday and projected inflation to stay around its 2% target in coming…
Cooling wage growth curbs US labor costs in second quarter
U.S. labor costs increased moderately in the second quarter as private sector wages grew at the slowest pace in 3-1/2…