"Russia's economy will not only grow more slowly in the years ahead but will also be increasingly driven by the state," a senior economist at the central bank said.
Mr Bailey said he is increasingly confident that inflation is heading towards the Bank’s target in an interview with the Financial Times.
In an upbeat assessment, the Prime Minister (pictured) told a business conference in Warwickshire he has 'confidence for the future' as inflation finally comes under control.
Immigration has helped fill job openings during a time of low unemployment and kept consumer spending high, according to JPMorgan’s Joyce Chang.
Deputy Minister of Public Enterprises Obed Bapela believes Transnet will
Recent wage increases on the Danish labour market are the highest seen in years and could result in increased inflation, according to a new economic forecast from Denmark’s central bank, Nationalbanken.
The Bank of England is set to start cutting interest rates in June, according to a City A.M. poll of top economists, as inflation nears its target, the labour market cools and the UK takes its first steps out of recession.
The Bank of England on Thursday held interest rates steady at 5.25%, but hinted at cuts on the horizon as inflation falls faster than expected.
According to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector. The Central Bank’s Change of Heart In a surprise announcement, Yemi Cardoso, governor of the […]
The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists are divided on when the first cut will come.
Interest rates could fall to as low as three per cent in 2025 as the Bank of England slashes the cost of borrowing in response to lower inflation.
"We shouldn't mess with [national flags] because they're a source of pride, identity," the U.K. leader said regarding a debate over Nike's England team kits.