Peru posted slightly better than expected growth in April, driven by strong results in construction, retail sales and manufacturing.
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UBS Sees Warsh Catching a Break on Rates With Reprieve From Oil
Pressure on the Federal Reserve to hike interest rates this year is easing after the US and Iran said they…
Read MoreNigeria Inflation Quickens as Middle East War Drives Fuel Costs
Nigeria’s annual inflation rate climbed to its highest level in six months, as the war in the Middle East drove…
Read MoreNigeria Inflation Trails Estimates, Revives Rate-Cut Case
Nigeria’s annual inflation rate rose at a slower pace than expected and may ease in the coming months after the…
Read MoreUS Manufacturing Output Stalls for the First Time This Year
US manufacturing production stalled in May after four months of gains, suggesting problems with supply chains disrupted by the Iran…
Read MoreEuro Area Is Seeing Ratings Increasingly Converge, Scope Says
The euro area is experiencing a phase of convergence across the spectrum of national credit scores despite wildly varying underlying…
Read MorePoland’s Kotecki Sees Prolonged Period of Stable Interest Rates
Poland’s central bank is likely to keep interest rates unchanged for a prolonged period as geopolitical risks are set to…
Read MoreBrazil Economists Hike Rate Forecasts on Eve of Policy Decision
Brazil economists raised their inflation and interest rate forecasts through 2028 just before the central bank’s next policy meeting, further…
Read MoreTrump and thousands of others watch UFC fight on White House lawn
Justin Gaethje beat Ilia Topuria to win the lightweight championship in the main event.
Read MoreChile Traders and Economists Spar Over Where Rates Are Heading
Chile’s central bank is almost unanimously expected to hold its benchmark interest rate unchanged for the fourth straight meeting on…
Read MoreECB Expands Probe on Private Credit to More Banks as Fears Mount
The European Central Bank has doubled the number of banks covered by a probe into links with private credit, as…
Read MoreIran War Diversifies Gulf Trade Routes in Ways That Might Prove Lasting
The forgotten trade that flows through Hormuz are containers bound for UAE’s huge port
Read MoreUS-Iran Deal to Reopen Strait of Hormuz Bolsters Central Bank Doves
The US-Iran deal to reopen the Strait of Hormuz gives central banks more scope to hold rates.
Read MorePakistan Holds Key Rate as US, Iran Near Interim Deal
Pakistan left its benchmark interest rate unchanged on Monday as policymakers balanced inflation risks stemming from the Middle East conflict…
Read MorePakistan Holds Key Rate as US, Iran Prepare to Sign Interim Deal
Pakistan kept its key interest rate unchanged on Monday, becoming the first central bank to respond to the Iran peace…
Read MoreJapan Ruling Party Still Mulling Sales Tax Cut to Zero for Food
Japanese Prime Minister Sanae Takaichi’s ruling party is continuing to focus on whether to cut the sales tax on food…
Read MoreThe Infuriating Rise of the $8 Ice Cream Cone
A combination of supply chain shocks and premiumization has turned America’s favorite summertime treat into a luxury good.
Read MoreTrump Heads to Group of 7 as Allies Rethink Their Relationship With U.S.
President Trump has long been at odds with European leaders over trade, Ukraine and NATO, but he has lashed out…
Read MoreAlabama’s Senate Primary Runoff Again Tests Trump’s Hold on G.O.P.
Representative Barry Moore, an early backer of the president during his first campaign, faces Jared Hudson, a former Navy SEAL…
Read MoreFrustrated by Courts, Trump Weighed Suspending a Constitutional Right
Secret memos show that the White House debated last year, to a greater degree than previously known, whether to limit…
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