Euro zone inflation eases as expected, but core figures disappoint
Eurostat released flash euro zone inflation figures for January.
Private payroll growth slowed to just 107,000 in January, below expectations, ADP reports
Companies added 107,000 workers in the first month of 2024, off from the downwardly revised 158,000 in December.
IMF warns British government against more tax cuts
There is a need to put in place medium-term fiscal plans that will accommodate a significant increase in spending pressures, the IMF's chief economist said.
IMF upgrades global growth forecast, citing U.S. resilience and policy support in China
The International Monetary Fund sees a reduced likelihood of a so-called "hard landing," with inflation falling faster than expected.
Euro zone economy narrowly skirts recession, stagnates in fourth quarter
Eurostat released flash euro zone growth figures for the euro zone Tuesday.
Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago
The core personal consumption expenditures price index was expected to increase 0.2% monthly in December and 3% from a year ago.
ECB’s Lagarde responds to scathing staff survey: ‘I’m very proud and honored to lead the institution’
More than half of respondents rated her performance so far as "very poor" or "poor," and the ECB union said she was characterized as an...
The U.S. economy grew at a 3.3% pace in the fourth quarter, much better than expected
GDP was expected to grow at a 2% annualized rate in the fourth quarter of 2023, according to economists surveyed by Dow Jones.
Turkey hikes interest rate again to 45% after inflation nears 65%
The rate hike comes amid an ongoing battle against double-digit inflation for Turkey's monetary policymakers.