From Promoting Economic Pluralism
The Bank of Japan has maintained ultra-low interest rates and dovish policy guidance as it seeks to reassure markets that it will continue to swim against a global tide of …
Bank of Japan keeps ultra-low rates despite US Fed tightening Read More
FRANKFURT, Germany — The European Central Bank is expected to frontload a series of rate hikes and sacrifice growth in the region due to the rising cost of living which …
European Central Bank could unleash a jumbo rate hike as the economy slides toward recession Read More
The pound sterling dropped on Thursday after the Bank of England upped interest rates by the biggest increase in 27 years. At the same time it delivered the rise in …
UK central bank raises interest rate, warns of recession Read More
LONDON, June 29 (Reuters) – Britain’s economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the Bank of …
UK economy faces double threat of inflation surge, recession risk Read More
The Bank of England has raised interest rates for the fifth time in a row to 1.25% and set the scene to act more “forcefully” ahead because of a mounting …
Fifth consecutive hike as interest rate raised to 1.25% by Bank of England Read More
Interest rates are also set to increase and the UK GDP will fall, according to the Centre for Economics and Business Research [CEBR]. Their report looked into the possible impact …
Britons to be £2,500 out of pocket with record level of inflation to hit Read More
Researchers canvassing small businesses found that pay and price hikes are happening in tandem across economic sectors as the worker shortage persists into 2022. According to a new survey from …
Worker shortage means small businesses are hiking prices at fastest pace since 1974 Read More
Polite descriptions of Turkish President Recep Tayyip Erdoğan’s economic policies go something along the lines of “unorthodox” or “going against the grain.” Put more bluntly, his ideas appear to tap into …
Turkey’s economic gamble Read More
The Bank of England appears to have move a step closer towards increasing the cost of borrowing next month after its new chief economist, Huw Pill, said the UK’s recovery from …
BoE chief economist hints at rate rise but new Covid variant fuels doubts Read More
Emerging economies spar with U.S. over ‘carbon colonialism’ from Politico: GLASGOW, Scotland — The United States, the European Union and the U.K. drew a sharp rebuke on Thursday from developing …
Friday 12th – this week’s top economic news Read More