However, it never looked like markets fully priced in Powell’s exit yesterday afternoon. Pricing for a September Fed cut didn ...

A sizable upward revision to May's payroll data, combined with yesterday's hotter-than-expected inflation data, takes some of ...

There’s another complication: President Donald Trump’s latest threat of 30% tariffs on European goods. In June, the ECB’s baseline scenario assumed just a 10% tariff, and even the downside scenario ...

Trump's announcement of a trade deal with Indonesia likely provided the confidence needed to proceed with a cut ...

A new fiscal consolidation package focusing on tax hikes and spending cuts aims to bring the deficit under control ...

In May, real wage growth reached its historical average, which appears weak compared to the double-digit increases seen in ...

Soft print masks firmer pricing in consumer goods. Czech industrial producer prices fell 0.2% month-on-month and 0.7% year-on-year in June, coming in below market expectations. Ag ...

Since early 2023, countries in Southern Europe have seen strong declines in unemployment, while those in the north have seen increases. This is helping eurozone convergence, adding to tighter ...

Services inflation is uncomfortably high for the Bank of England, even if much of it is driven by regulated or ...

We should really put to one side all of the speculation on Fed Chair Powell getting the sack. If he goes it's more likely that he chooses to leave, and even that is unlikely. But if he did, see here ...

Iron ore dropped after data showed China’s crude steel output falling the most in 10 months amid a prolonged slowdown in the ...

A subdued June inflation print means a September Fed rate cut remains possible; we see higher inflation numbers ahead ...