Russian Central Bank Governor Elvira Nabiullina stated on Friday that inflation is expected to decrease starting in May.Speaking in Moscow after the bank kept its key interest rate steady at 21%, she noted that while inflationary pressures are subsiding, a cautious approach remains essential."We...
The annual inflation rate in the Ku-area of Tokyo came in at 3.5 % in April, rising from the 2.9% registered in March, the Statistics Bureau of Japan said in its report published on Friday.The Consumer Price Index (CPI) excluding fresh food and energy rose to 2%, higher than last month's 1.1%, while the...
The German economy is expected to experience stagnation in 2025 instead of 0.3% growth previously projected, the country's government said in its spring economic projections on Thursday, confirming media reports. German gross domestic product (GDP) is expected to grow around 1% in 2026,...
Member of the European Central Bank (ECB) Governing Council and Bundesbank President Joachim Nagel stated on Wednesday that Germany entering a recession in 2025 cannot be excluded, but insisted that its economy "will do much better" in the coming years.Speaking to Bloomberg, Nagel praised...
Federal Reserve Bank of Richmond President Thomas Barkin stated before the RVA Big Dipper Innovation Summit on Tuesday that the expectations for inflation in the United States "may have loosened."The statement came as somewhat of a shift compared to his recent warning that the annual...
European Central Bank (ECB) Governing Council member Peter Kazimir stated on Tuesday that the European Central Bank (ECB) is close to hitting its inflation target and expressed confidence that the achievement will come in the next months.
"A series of cuts in key interest rates has moved us into...
Headline inflation in the Eurozone is expected to stand at 2.2% in 2025, 0.1 percentage points higher than the previous forecast, according to the latest European Central Bank's Survey of Professional Forecasters (SPF) released on Tuesday. As for 2026, inflation is projected to come in at 2%, an...
United States President Donald Trump claimed on Monday that Federal Reserve Jerome Powell always acted "too late" on lowering the bank's benchmark interest rate except when then-head of state Joe Biden, later former Vice President Kamala Harris, needed it in 2024 to win the...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva stressed the importance of preserving central bank independence to tackle persistent inflation. Speaking Thursday in her address 'Outlook for the Global Economy and Policy Priorities,' she warned that "to protect price stability,...
European Central Bank (ECB) President Christine Lagarde warned on Thursday that downside risks to economic growth in the eurozone have intensified, citing global geopolitical tensions and weakening market dynamics.In a presser shortly after the ECB cut interest rates by 25 basis points in a widely...
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