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 …
Business
-
-
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 …
-
Business
US jobless claims fall to 209,000 as US labour market remains relatively stable
by adminby adminThe 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 …
-
British consumer price inflation slowed to 2.8% in April from 3.3% in March, according to official data released on Wednesday. The reading came in lower than economists’ expectations. Analysts polled …
-
British house prices were flat in the 12 months to March after recording a 1.7% increase in the year to February, according to data released by the Office for National …
-
Foreign holdings of US Treasuries declined in March, according to data released by the US Treasury Department on Monday, with Japan and China leading the reduction in exposure. Total foreign-owned …
-
India’s power demand has surged to fresh records this week as a brutal heatwave grips much of the country, pushing electricity consumption to levels never seen before. Bloomberg reported that …
-
The International Monetary Fund (IMF) raised its growth forecast for the UK economy on Monday but warned that growing domestic uncertainty and political instability could weigh on spending and investment. …
-
President Donald Trump is set to swear in Kevin Warsh as the next chair of the Federal Reserve during a White House ceremony on Friday, marking the beginning of a …