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…
US single-family housing starts, permits fall in April
U.S. single-family homebuilding and permits fell in April amid a resurgence in mortgage rates, but new construction remains supported by…
Conflict, high borrowing costs clip growth in EBRD regions, report says
Two wars and high borrowing costs have trimmed expected growth in countries covered by the European Bank for Reconstruction and…
Alpha Bank’s quarterly profit jumps 37% on strong interest income
Greece’s Alpha Bank ACBr.AT, the country’s fourth-largest lender by market value, reported on Thursday a 37% rise in first-quarter net…
Japan’s GDP contracts, complicating BOJ’s rate hike plans
Japan’s economy contracted in the first quarter, squeezed by weaker private consumption and external demand and throwing a fresh challenge…
ECB not in a hurry to cut rates, should take measured steps after June, Kazaks says
The European Central Bank is likely to cut interest rates in June but the bank is not in a hurry…
Euro zone banks face increasing headwinds, ECB warns
Euro zone banks are likely to face a number of headwinds this year that will weigh on profitability and asset…
US import prices increase by the most in two years in April
U.S. import prices rose by the most in two years in April amid rising costs for energy products and other…
China tariffs could boost Fed rate cut case
Escalation of the U.S.-China trade war seems unavoidable whoever wins the White House in November, but the equally inevitable inflationary…