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…
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…
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…
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…
Ukraine War: Russia Leads in Ground War – But at Sea It’s a Different Story
The past few days have marked a significant moment in the maritime war between Russia and Ukraine. On Monday July…
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…
Cooler UK weather chills retail sales in June
British retail sales volumes fell by more than expected in June, after unseasonably cooler weather put off shoppers, official figures…
ECB policymakers back more rate cuts as inflation heads back to goal
Two European Central Bank policymakers on Friday backed further interest rate cuts, expressing greater confidence that inflation was heading to…
In the face of trade tensions, China says it will focus on its own economy
Top Chinese officials on Friday emphasized the country would focus on its own affairs in the face of rising trade…
Euro zone inflation will continue easing, may fall below 2% in 2026, ECB survey shows
Euro zone inflation will continue to slow in the coming years and could dip below the European Central Bank’s 2%…