UK’s high inflation cools, offering some relief to Bank of England
CPI +7.9% vs Reuters poll +8.2%Core inflation also falls to +6.9% vs poll +7.1%UK still has higher inflation than many...
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French central bank head warns against raising ECB inflation target
AIX-EN-PROVENCE, France, July 9 (Reuters) - France's central bank head Francois Villeroy de Galhau pushed back on Sunday against a...
Euro zone business activity contracts in June
LONDON, July 5 (Reuters) - Euro zone business activity slipped into contractionary territory last month in a broad-based downturn across...
Yellen sees strong job market, lower inflation, even as US economy cools
U.S. Treasury Secretary Janet Yellen speaks during a joint press conference with Kristalina Georgieva, Managing Director of the International Monetary...
US consumer confidence races to 17-month high; housing market regaining strength
Consumer confidence index increases to 109.7 in June from 102.5Core capital goods orders rise 0.7% in May; shipments up 0.2%New...
ECB’s De Cos sees another 25 bps rate hike in July, no certainty afterwards
MADRID, June 22 (Reuters) - The European Central Bank will need to raise interest rates by another 25 basis points...
UK’s stubborn inflation fails to fall, turning up heat on BoE
UK CPI holds at 8.7% in May vs forecast drop to 8.4%Core inflation rises to highest since 1992 at 7.1%Markets...
ECB hawks make case for erring on the side of raising rates too high
FRANKFURT, June 19 (Reuters) - Euro zone inflation could overshoot even the recently raised forecasts so the European Central Bank...
Bundesbank sees German economy shrinking this year
FRANKFURT, June 16 (Reuters) - The German economy, Europe's biggest, will shrink this year and inflation will stay above 2%...
FACTBOX Global investment banks rush to cut yuan forecasts
SHANGHAI, June 14 (Reuters) - Global investment houses have rushed to downgrade forecasts for the Chinese yuan after it weakened...
