Bank of England Cuts Rates, Raises Inflation Forecast
The Bank of England (BOE) cut interest rates by 25 basis points on Thursday, bringing the central bank’s key rate down to 4.75%. This move, supported by an 8-1 vote from the
Goldman Sachs Warns of Higher Recession Risk
Tariffs, inflation, and confidence shocks drive economic forecast shift The US economy faces heightened recession risks as escalating tariffs under President Donald Trump’s administration threaten to stunt growth, rekindle inflation, and lift
UK Inflation Rises to 3% in January, Exceeding Expectations
The UK’s **inflation rate** surged to **3%** in January, surpassing analyst expectations, according to data released by the **Office for National Statistics (ONS)** on Wednesday. Economists polled by **Reuters** had forecast a
Fed Holds Rates, Signals Future Cuts Amid Economic Uncertainty
Fed Keeps Rates Steady, Eyes Future Reductions The Federal Reserve decided to keep its benchmark interest rate in the 4.25%-4.5% range on Wednesday, though policymakers still expect two rate cuts later this
Australia’s Economy Expands as Growth Accelerates in Q4
Australia’s economy grew by 1.3% year-on-year in the fourth quarter, marking its first acceleration since September 2023. GDP Growth Exceeds Expectations GDP growth surpassed economists’ expectations of a 1.2% rise, as polled
Euro Zone Inflation Slows to 2.4% but Tops Expectations
Euro zone inflation slowed to 2.4% in February, according to preliminary data from Eurostat released Monday. However, the reading came in slightly above analyst expectations, as economists polled by Reuters had forecast
