Economists polled by Reuters had expected the January inflation print to come in at 2.4%, unchanged from December.
Euro-area inflation unexpectedly accelerated, supporting the European Central Bank’s cautious approach to lowering interest rates while the sputtering economy faces intensifying trade threats from the ...
In volatile trading on currency markets, the Canadian dollar hit its lowest level since 2003 and the Mexican peso dropped almost 3 per cent. Trump imposed 25 per cent tariffs on imports from Mexico ...
The Trump administration has surprised FX markets by imposing large tariffs earlier than expected. The Dollar has ...
The Reserve Bank will cut the cash rate, according to Paul Bloxham, but don’t count on a big drop in borrowing costs as this ...
European Central Bank policymaker Gediminas Simkus said on Monday he expected an interest rate cut in March and "a couple ...
(Reuters) - U.S. President Donald Trump has ordered sweeping tariffs on goods from Mexico, Canada and China, demanding that ...
Trade tariffs imposed by U.S. President Donald Trump will increase economic uncertainty, French central bank governor ...
The US dollar is approaching parity with the euro and reaching a record high against the Canadian dollar and a three-year ...
European Central Bank interest rates have room to fall further given weak growth and a slowdown in inflation, but uncertainty ...
Global markets buckled up for a turbulent session Monday after Trump launched a trade war with sweeping tariffs on Canada, ...
When governments subsidize low productivity and penalize high productivity with enormous taxes, the economy suffers. This is ...