ECB’s Rehn eyes rate cut if inflation confidence continues
The European Central Bank can cut interest rates if the confident in inflation nearing its target continues to grow, ECB…
EU Policy. Commission forecasts inflation tumbling, despite oil price hike
Inflation could be just 2.2% in the EU next year, as voters cite concerns over rising prices. Better than expected…
Central Asian economies to record strong growth despite natural disasters in the region
According to the latest Regional Economic Prospects (REP) report published by the European Bank for Reconstruction and Development (EBRD), Central…
German economic advisers cut 2024 growth forecast to 0.2%
The German Council of Economic Experts cut on Wednesday its forecasts for economic growth this year, postponing the expected recovery…
US business inventories fall in March
U.S. business inventories fell in March, but this could lay the ground for businesses to rebuild stocks and support economic…
EU executive sticks to Feb euro zone growth forecast for 2024, cuts inflation projection
The European Commission stuck on Wednesday to its February euro zone growth forecast for this year but said inflation was…
Fed gets some good news on inflation progress
Federal Reserve policymakers who say they need to see further progress on inflation before reducing borrowing costs got some encouraging…
Greece’s Jan-April primary budget surplus beats target
Greece reported a higher-than-targeted primary budget surplus of 3.2 billion euros ($3.5 billion) in January-April, and higher tax revenues and…
US Senate confirms existing terms for FMC’s Maffei, Dye
During the tenure of the two members, the FMC has ramped up its oversight of the container shipping industry following…
Hapag-Lloyd returns to profit in Q1, but baffled by current rate spike
The carrier’s CEO said buyers could be pulling orders forward because of concerns over global geopolitical uncertainties or that rates…