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Economy

US inflation accelerates to 2.7% as Trump's tariffs start to bite

Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs are pushing up the cost of a range of goods, including furniture, clothing, and large appliances.

Economy

Bank of England holds interest rates amid intensifying inflation risks

As widely expected, the Bank of England kept interest rates on hold as fears grow that the conflict between Israel and Iran will escalate to involve the United States. This would likely send oil prices soaring and push UK inflation further above target.

Economy

Swiss central bank cuts interest rate to zero to fight deflation

The step was widely anticipated but fuels concerns over a potential return to negative rates.

Economy

Federal Reserve keeps interest rates unchanged amid tariff uncertainty

Trump has slammed the US Federal Reserve Board chief Jerome Powell, calling him “stupid”, as the federal agency holds off on interest rate changes as it anticipates economic decline in the wake of the US president’s global tariff policies.

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Economy

German economic morale soars in June: 'Confidence is picking up'

Germany’s economic sentiment soared to 47.5 in June, its highest since March, driven by stronger demand and policy support. But European stocks fell as Israel-Iran tensions escalated, oil prices rose, and investors awaited the Fed’s policy decision.

Economy

Swiss deflation fuels talks of negative interest rates: Is SNB ready?

Switzerland may become the first advanced economy to revive negative interest rates, as inflation turned negative in May for the first time since 2021.

Economy

ECB lowers rates for the eighth time as trade tensions threaten growth

The central bank lowered its benchmark interest rate by a quarter point, in line with analyst estimates.

Economy

Eurozone inflation falls below ECB 2% target in May: Rate cut in sight

Eurozone inflation fell to 1.9% in May, below forecasts, boosting expectations of an ECB rate cut on Thursday. Core inflation also eased to 2.4%. The euro slipped and bond yields fell as markets priced in a 25bp rate cut to 2.0%.

Economy

Japan's economy shrinks as Trump trade war hits exports and confidence

The contraction strengthens the argument for increasing spending incentives in Japan as the economy prepares to take a hit from Trump's tariffs.

Economy

Bank of England cuts main interest rate as US tariffs threaten growth

The 25 basis point cut to 4.25% was widely expected by economists.

Economy

Will the Federal Reserve ignore Trump and keep rates stable this week?

While the US Federal Reserve is still under significant pressure from the Trump administration to slash interest rates, some experts believe that rate cuts may not come for another few months at least.

Economy

Eurozone inflation tops expectations: ECB rate cuts in jeopardy?

Eurozone inflation surged more than expected in April, as the impact of trade tariffs began to reverberate through the consumer basket, posing a fresh challenge for the ECB.

Economy

Week ahead: Eurozone inflation, Apple and Meta earnings in focus

It is set to be a busy week for financial markets, with key economic data, including the eurozone’s flash inflation figures for April and the US non-farm payrolls, due for release. Additionally, big tech earnings, particularly Apple’s quarterly results, will be closely watched.

Economy

Donald Trump says he has 'no intention of firing' the US Fed chair

The US President confirmed that he has no plans to fire the Chairman of the Federal Reserve Jerome Powell. It follows his previous statement about wishing to terminate Powell's mandate, which caused market turmoil.

Economy

Why economists believe the ECB will keep on cutting interest rates

Economists predict that the ECB will continue its rate-cutting cycle as global trade tensions rise and eurozone growth slows. Markets expect up to 75 basis points of easing by September, pushing the deposit rate down to 1.5%.

Economy

ECB cuts rates again as Trump tariffs weigh on economic outlook

The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh inflationary concerns.

Economy

ECB set to cut interest rates as insurance against trade tariffs

ECB expected to cut rates by 25bp to 2.25%—its sixth straight reduction—as inflation cools and tariff risks rise. Economists see the move as insurance amid growth shocks and US-EU tensions weighing on sentiment and policy outlook.

Markets

Week ahead: ECB rate decision, China’s GDP, and major company earnings

This week, the European Central Bank’s (ECB) interest rate decision will take centre stage. The bank is expected to continue reducing its benchmark policy rates amid mounting economic risks linked to tariffs. In Asia, China’s GDP will be closely watched by investors.

Business

How Trump’s tariffs could impact upcoming big US bank earnings

The US earnings season begins on Friday, with major banks reporting their first-quarter results before the market opens. Despite expectations for solid quarterly performances, analysts anticipate conservative guidance due to tariff-related uncertainties.

Economy

UK house price growth stays stagnant in March ahead of stamp duty hike

Northern Ireland continued to experience the strongest house price growth in the UK in the first quarter of the year, followed by the North West. London, meanwhile, struggled.

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