Former Fed Vice Chair Clarida sees possibility of fewer rate cuts than expected this year
Clarida said his former colleagues need to be on guard against sticky prices that could thwart plans to ease this year.
Falling fertility rates pose major challenges for the global economy, report finds
Falling fertility rates are set to spark a transformational demographic shift, with big implications for the global economy, according to a new study.
Switzerland becomes first major economy to cut interest rates in surprise move
The Swiss National Bank surprised the market with a decision to lower its main policy rate by 0.25 percentage points to 1.5%.
European Central Bank’s Lagarde says June data key for rate cut decision
"By June we will have a new set of projections that will confirm whether the inflation path we foresaw in our March forecast remains valid,"...
Turkey opts for new tightening strategy after signaling a pause to hikes
"This is going to cause further liquidity squeeze," one Istanbul-based economist told CNBC.
This week provided a reminder that inflation isn’t going away anytime soon
Price pressures increasing at a faster-than-expected pace raised concern that inflation could be more durable than anticipated.
Wholesale inflation rose 0.6% in February, more than expected
The producer price index for February was expected to increase 0.3%, according to the Dow Jones consensus estimate.
European Central Bank chief economist says we need to ‘take our time’ to get rate cuts right
"We do have to take our time to get that right, from holding to dialing back restriction," Philip Lane.
Britain notches 0.2% January GDP growth after dipping into technical recession
The U.K. economy entered a technical recession in the final quarter of last year.