Fed’s Williams welcomes inflation data, not ready to seek rate cuts
Federal Reserve Bank of New York President John Williams welcomed the arrival of softer consumer inflation data, he told Reuters,…
Chinese overcapacity claims by US, Europe are ‘trade protectionism’, ministry says
China said on Thursday that U.S. and European assertions of excess capacity were “naked trade protectionism” and that efforts to…
Leaders from Western Balkans, EU, meet to discuss growth plan, reforms
The six Western Balkan countries brought together by the European Union met in Montenegro’s Adriatic resort of Kotor on Thursday…
BoE’s Greene says she wants more evidence of waning inflation persistence
The Bank of England should wait for more conclusive evidence that stronginflation pressures in Britain are becoming less stubborn beforeit…
US weekly jobless claims fall; labor market gradually easing
The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor…
ECB’s rates framework may discourage money-market lending – Nagel
The European Central Bank’s new interest rates framework may discourage money-market lending because banks will find it cheaper to tap…
China says ‘bullying’ tariff hike shows that some in US have lost their minds
The U.S. move to raise tariffs on Chinese goods is a case of “typical bullying” and “shows that some people…
China’s investment in UAE rose 16% to $1.3bn in 2023 as ties strengthen
Chinese investments in the UAE increased by more than 16 per cent annually in 2023 to $1.3 billion, as economic…
ECB’s Centeno sees lower interest rates soon, no word on June decision
Euro zone inflation is in a sustained decline towards 2% and the European Central Bank’s interest rates will certainly start…
US’ trade bullying exposes lack of confidence: Chinese FM
Chinese Foreign Minister Wang Yi on Wednesday sharply criticized the US’ latest move to significantly hike tariffs on an array…