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Kevin Warsh delivered his first public speech as chair of the Federal Reserve on Friday, outlining a reform-focused vision for the central bank while emphasizing that inflation can be lowered…
Iran’s tightening grip on the Strait of Hormuz has left global energy markets and shipping in turmoil, with The Financial Times reporting that a full reopening of the waterway in…
Nomura no longer expects the Federal Reserve to cut interest rates in 2026, marking a hawkish shift from its earlier view that the central bank would deliver two reductions later…
British retail sales volumes fell by 1.3% in April every month, official data published on Friday showed, underscoring continued pressure on consumers amid geopolitical uncertainty and rising energy costs. Economists…
Britain’s public finances recorded their biggest April shortfall since the COVID-19 pandemic, highlighting mounting fiscal pressures facing finance minister Rachel Reeves amid the economic fallout from the Iran war. Official…
British companies are experiencing their most widespread decline in activity in more than a year as the economic effects of the Iran war and domestic political uncertainty weigh heavily on…
The number of Americans filing new applications for unemployment benefits fell slightly last week, suggesting the US labor market remains relatively stable even as policymakers grow increasingly concerned about inflation…
The International Monetary Fund warned on Thursday that France faces growing public finance risks as efforts to tighten the budget continue to lag while debt levels remain elevated. Following its…
