Fed should not have slowed balance sheet runoff, Schmid says
Kansas City Federal Reserve Bank President Jeffrey Schmid on Tuesday said he believes the U.S. central bank should keep shrinking…
French annual consumer inflation confirmed at 2.4% in April
Consumer prices in France rose 2.4% year-on-year in April, statistics office INSEE said on Wednesday, confirming preliminary data published in…
EBRD forecasts Ukraine’s economy to grow at 3 per cent in 2024
Ukraine’s economy is expected to grow by 3.0 per cent in 2024, according to a report by the European Bank…
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…