Inflation challenge

Japan's GDP grows annualised real 2.8% in October-December period

Japan’s economy grew an annualised real 2.8 per cent in the October-December period of 2024, marking the third straight quarter of expansion on robust corporate spending, but lackluster private consumption...

Key US inflation measure posts largest monthly gain since April

US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting...

Pakistan central bank cuts key rate by 100 bps to 12 per cent

Pakistan’s central bank cut its key policy rate by 100 basis points to 12 per cent on Monday, for a sixth straight reduction since June as the country attempts to...

Bank of Japan raises interest rates to the highest in 17 years

The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages...

US likely to slash interest rates 3 or 4 times this year: Fed official

The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with a first cut possible before July, a senior bank official said Thursday.Headline...

US shares and bonds cling on to inflation-driven gains

US shares and bond prices held on to their inflation-inspired gains from the previous session on Thursday as traders digested data showing a small increase in US retail sales.US retail...

Egypt inflation dips to two-year low of 24.1 per cent in December

Egypt’s annual urban consumer price inflation rate fell to 24.1 per cent year-on-year in December, as expected, from 25.5 per cent in November, its lowest in two years, data from...

Bonds remain under pressure as European stocks reverse losses

Government bonds remained under pressure on Thursday and the dollar held steady near its highest levels in more than a year as European stocks reversed early losses. The pound headed...

Pakistan’s annual inflation slowed to 4.1% in December

Pakistan’s consumer inflation rate slowed to 4.1 per cent year on year in December, the statistics bureau said, the lowest in more than 6-1/2 years.The South Asian country is navigating...