Economics

China’s factory activity held up in April, suggesting limited pressure from surging energy prices due to the conflict in the

The bank’s monetary committee cut the Selic benchmark lending rate to 14.5% from 14.75% on Wednesday, but indicated that future

Housing starts, a gauge of new residential construction, rose 10.8% in March to 1.502 million. Source link

Powell said he will remain on the Fed’s board after Kevin Warsh becomes chair for a yet-to-be-determined interval amid concerns

The Bank of Canada kept its main interest rate unchanged at 2.25%, and signaled the rate may stay close to

Businesses are closing, unemployment is soaring and food is increasingly unaffordable. Source link

Consumer prices were 3.5% higher than a year earlier, an increase in the annual rate of inflation from 3.4% in

Australia’s consumer prices jumped in the first quarter, hitting the highest level since September 2023, as the impact of the

U.K.’s leading economic research body has lowered its growth forecast for this year to 0.9% from 1.4%, and raised its

Shoppers are buying less where prices are rising fastest, showing that inflation isn’t being driven by demand but by companies