Keywords: Interest Rates
A newly appointed member of the Bank of Korea has warned that inflation concerns are increasing as global economic uncertainty continues to affect energy prices and financial markets. Speaking in Seoul, board member Kim Jin-ill stated that higher oil prices linked to tensions in the Middle East are......
European Central Bank policymaker Olli Rehn has warned that recent economic data point to early signs of stagflation in the eurozone, linking weak growth and rising inflation to energy shocks driven by geopolitical tensions. Speaking in Helsinki, Rehn said the latest indicators suggest the eurozone......
Argentina is weighing the possibility of approaching financial markets with lower interest rates, according to a senior government official, as the country continues to grapple with persistent inflation and economic uncertainty. Speaking at a recent economic event in Buenos Aires, Secretary of Economic......
Global economies may be sleepwalking toward a deep recession even as American stock markets continue to set records, according to a warning from Amrita Sen, founder of Energy Aspects, who described the resilience of equity markets in the face of one of the worst oil supply shocks in history as "misplaced......
The Japanese yen weakened past the 160 per dollar mark on Wednesday, touching 160.73, its lowest level since July 2024, before reversing sharply after an unusually forceful verbal intervention from Tokyo officials. The move highlighted growing tension between currency traders and Japanese authorities......
Prices across Europe moved higher in April as Germany and Spain reported fresh increases in inflation ahead of a key monetary policy meeting by the European Central Bank. The latest figures point to persistent price pressures linked to energy markets and geopolitical tensions, particularly the war in......
The Bank of Canada is widely expected to keep its key interest rate unchanged at 2.25% in its upcoming policy decision, as economists assess the recent rise in oil prices as a short-lived shock unlikely to alter the broader inflation outlook. The expected decision comes amid global economic uncertainty......
A new survey from the European Central Bank (ECB) suggests that rising energy prices linked to geopolitical tensions are not yet translating into broader inflation pressures in the euro area economy. According to the European Central Bank, firms across the eurozone expect inflation to increase in the......
Gold prices fell to their lowest level in nearly two weeks on Friday, putting the metal on track for its first weekly decline in five weeks as a stronger US dollar and rising oil prices weighed on demand. Spot gold dropped to around 4,661 dollars per ounce during early Asian trading before recovering......
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