Inflation eases back more than expected in May, trimmed mean at lowest since 2021
Inflation eased further last month, with consumer prices rising 2.1 per cent over the year to May, down…
Iran’s plans to shut Strait of Hormuz threatens a ‘stagflationary shock’ akin to Russia’s Ukraine invasion
A tentative ceasefire announced by President Donald Trump this evening—but not yet verified by Israel or Iran—may have…
Inflation falls but not unemployment
At less than 3%, the inflation figure for May is well within the target set by the government…
Oil Markets on Edge as Iran Vows Retaliation
Global oil markets are bracing for another wild week after the United States launched direct strikes on Iranian…
Energy in Europe is also at stake as Israel-Iran conflict escalates
ADVERTISEMENT Rising European energy prices are among the many risks of the current geopolitical crisis, which threatens to…
Labor Market Risks Might Prompt Fed To Cut Rates Faster Than Planned
Jerome Powell, chairman of the US Federal Reserve, departs following a news conference following a … More Federal…
Top Bulgarian official says he’ll intervene to stop food price spikes before eurozone entry – POLITICO
“[Spetsov] threw some crazy numbers up in the air and scared people. He suggested that prices are being…
Putin warns his officials not to allow recession – POLITICO
By contrast, he noted, business sentiment suggested very strongly that the economy is “on the brink of a…
Rachel Reeves pushes us another £17.7bn closer to bankruptcy | Personal Finance | Finance
The Chancellor blew the national budget AGAIN in May. So how do her Treasury officials respond? Incredibly, they…
Russia ‘on Brink’ of Recession, Its Economy Minister Says
The Russian economy is “on the brink” of entering a recession, the country’s economy minister warned on Thursday.…