German final inflation confirmed at 2.4% in April
German inflation inched up in April to 2.4%, the federal statistics office said on Tuesday, confirming preliminary data. German consumer…
US Fed’s Powell expects inflation to fall, though not as confident as before
Federal Reserve Chair Jerome Powell said he expects U.S. inflation to continue declining through 2024 as it did last year,…
China c.bank seen keeping lending rate on hold, yuan constrains easing
China’s central bank is widely expected to leave a key policy rate unchanged when rolling over maturing medium-term loans on…
US producer prices surge in April on strong services, goods
U.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management…
India April wholesale price index rises at fastest pace in a year
India’s wholesale price-based inflation INWPI=ECI rose 1.26% inApril, the highest pace in a year, mainly driven by food and primary…
Delayed Fed cuts could also slow ECB, Wunsch says
The European Central Bank’s first two interest rate cuts are a “no brainer” but slower than expected policy easing in…
India’s coal import rises 8% to 268 MT in FY24
India’s coal import rose by 7.7 per cent to 268.24 million tonne (MT) in FY24 driven by softness in seaborne…
BoE might consider rate cut during the summer, chief economist says
The Bank of England might be able to consider cutting interest rates over the summer although Britain’s labour market remains…
Japan offers to buy 121,516 tons food wheat via tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 121,516 metric tons of food-quality…
US trade chief recommends higher tariffs to address China’s ‘unfair’ practices
U.S. Trade Representative Katherine Tai on Tuesday recommended highertariffs on a range of Chinese goods and called for expanded enforcementto…