Faced with the twin challenges of rising inflation and slowing growth driven by the oil price shock, the European Central Bank is under pressure to act, with Commerzbank AG anticipating the ECB to prioritise long-term inflation expectations and consider an interest rate hike as early as its next meeting at…
The American labour market has long been a complex machine of shifting gears, but in the current economic landscape,…
Latin American currencies and equities retreated as escalating Middle East conflict and a broadly stronger dollar drove investors away…
Russia and China vetoed a UN Security Council resolution aimed at reopening the Strait of Hormuz on Tuesday, blocking…
India’s central bank held borrowing costs steady on Wednesday as surging oil prices tied to the Iran conflict threatened…
Major global banks have revised their expectations for China’s monetary policy, now largely ruling out interest rate cuts for…
British construction firms witnessed an unprecedented rise in cost inflation in March, marking the sharpest month-on-month increase since records…
The closure of the Strait of Hormuz has answered a question the energy world had been debating for a…
Euro zone inflation expectations are at risk of rising more quickly than in the past, and the European Central…
