British inflation cools more than expected in February

British inflation slowed more than expected in February, bringing some relief to consumers ahead of a likely new pick-up in price growth and to finance minister Rachel Reeves before her...

BoC likely to cut rates 25 bps to cushion economy from US tariffs

The Bank of Canada (BoC) will likely cut its benchmark rate by a quarter point on Wednesday to cushion the economy against US tariffs, several economists said.If the BoC delivers...

Japan’s wholesale inflation hits 4%, keeps BoJ rate-hike bets alive

TOKYO: Japan’s annual wholesale inflation hit 4.0 per cent in February, data showed on Wednesday, underscoring pressure from rising raw material costs that will keep alive market expectations of a...

Pakistan unexpectedly halts easing cycle, keeps key interest rate at 12%

Pakistan’s central bank unexpectedly halted its easing cycle on Monday, keeping its key policy rate at 12%, saying there could still be price risks including from an escalation in global...

HSBC downgrades US stocks, turns bullish on EU equities

HSBC on Monday downgraded US equities, citing uncertainty around tariffs, while turned bullish on European stocks following boost from Germany loosening its fiscal reforms.The brokerage lowered US equities to “neutral”...

Egypt’s annual consumer price inflation plunges to 12.8% in Feb

Egypt’s annual urban consumer price inflation plunged to 12.8 per cent in February from 24.0 per cent in January, decelerating even faster than analysts had expected, data from statistics agency...

Turkish annual consumer price inflation slows to 39.05% in February

Turkish annual consumer price inflation slowed to 39.05 per cent in February, official data showed on Monday, lower than a Reuters poll forecast and sustaining a downtrend since it peaked...

US business activity stalling amid rising fears over tariffs on imports

US business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal government spending, erasing all the gains notched in the aftermath of...

Japan’s core inflation hits 19-month high

Japan’s core consumer inflation hit 3.2 per cent in January for its fastest pace in 19 months, data showed on Friday, reinforcing expectations that the central bank will keep raising...

Inflation is back