BBloomberg Economy·2h agoWorld
Markets and Economists Are Divided Beyond a BOE Hike This Week
With UK inflation heading toward 4% and no end to the Iran war in sight, a Bank of England interest-rate hike on Thursday is seen as all but a done deal. How many more Governor Andrew Bailey and his c…
BBloomberg Economy·2h ago BBloomberg Economy·4h agoWorld
RBA’s Bullock Signals Pause After Split Decision to Hike
Australia’s central bank Governor Michele Bullock signaled a wait-and-see approach to further tightening after policymakers lifted the benchmark rate to an 18-year high, in a split vote that sent the…
BBloomberg Economy·4h ago BBloomberg Economy·4h agoWorld
RBA Raises Interest Rates: Live Updates, Analysis
BBloomberg Economy·4h ago BBloomberg Economy·6h agoWorld
Pakistan’s Rebound Masks Deeper Problems Weighing on Economy
Pakistan’s soaring stock market, record foreign reserves and improving credit ratings are signaling an economy on the mend. Beneath the surface, the recovery remains far less convincing.
BBloomberg Economy·6h ago BBloomberg Economy·8h agoWorld
Korea Inflation Holds Firm, Bolstering Case for More Hikes
South Korea’s inflation remained elevated in October, strengthening the case for another rate increase at the central bank’s November policy meeting.
BBloomberg Economy·8h ago BBloomberg Economy·9h agoWorld
US Inflation: Millions of Data Points Show Some Price Pressures Easing
The Bloomberg Price Project offers an independent read on inflation: The headline is high, but the details reveal some price pressures easing.
BBloomberg Economy·9h ago BBloomberg Economy·13h agoWorld
El Niño Could Raise US Inflation, Boost Jobs in 2027: Fed Study
A powerful warming of Pacific waters this year — a cyclical phenomenon known as El Niño — could push US prices higher and boost employment next year, according to a new economic letter from the Federa…
BBloomberg Economy·13h ago BBloomberg Economy·14h agoWorld
US Moves to Revoke South Africa, Rwanda Duty-Free Trade Access
The US announced plans to revoke South Africa and Rwanda’s access to a duty-free trade pact, intensifying pressure on two African nations whose relations with Washington have become increasingly fraug…
BBloomberg Economy·14h ago BBloomberg Economy·16h agoWorld
Lagarde Wants to Start New Career Phase, ECB’s Moulin Says
European Central Bank President Christine Lagarde resigned in order to start a new chapter in her career, according to the Bank of France chief.
BBloomberg Economy·16h ago BBloomberg Economy·16h agoWorld
US Manufacturing Activity Accelerates as Production Picks Up
US manufacturing activity picked up in October, supported by the strongest production growth in nearly five years.
BBloomberg Economy·16h ago BBloomberg Economy·18h agoWorld
White House’s Hassett Dismisses Concern Over Financing of AI
White House National Economic Council Director Kevin Hassett dismissed concerns about financing of the artificial intelligence build-out, saying there is plenty of capital in the system for such fundi…
BBloomberg Economy·18h ago BBloomberg Economy·18h agoWorld
South Africa Must Reform Now to Grow Faster, Kganyago Says
South African central bank Governor Lesetja Kganyago said the country needs to effectively implement microeconomic reforms before it will see faster growth.
BBloomberg Economy·18h ago BBloomberg Economy·19h agoWorld
ECB’s Makhlouf Says France Needs to Fix Public Finances
France’s politicians need to “get on and fix” the problems facing their economy, Irish central-bank Governor Gabriel Makhlouf said, ruling out immediate intervention by the European Central Bank to sh…
BBloomberg Economy·19h ago BBloomberg Economy·19h agoWorld
Chile Economic Activity Posts First Monthly Rise Since June
Chile’s economic activity posted its first monthly advance since June, offering limited relief as headwinds including severe weather and weak mining output cloud the near-term outlook.
BBloomberg Economy·19h ago BBloomberg Economy·19h agoWorld
Food, Housing Share of Americans’ Expenses Rise to 15-Year High
Last year, US families on average spent $1,988 more on housing and groceries combined than in 2024.
BBloomberg Economy·19h ago BBloomberg Economy·19h agoWorld
Trump’s economic populism and the midterm elections
US lawmakers aren’t the only ones on the ballot Tuesday. So is Trump’s economic populism
BBloomberg Economy·19h ago BBloomberg Economy·19h agoWorld
UK’s BII Targets £2.25 Billion for Africa’s Riskiest Markets
British International Investment plans to deploy about £2.25 billion ($3 billion) in some of Africa’s riskiest markets over the next five years, stepping into economies that are largely beyond the rea…
BBloomberg Economy·19h ago BBloomberg Economy·20h agoWorld
BOE to Raise Rates for First Time Since 2023, Survey Shows
The Bank of England is expected to deliver its first rate hike in over three years on Thursday, according to a Bloomberg survey of 35 economists conducted at the end of last week.
BBloomberg Economy·20h ago BBloomberg Economy·21h agoWorld
Dutch Government Advisor Calls for Two-Year Delay of Wealth Tax Reform
The Dutch government’s highest advisory body called for a two-year delay in switching to capital gains tax, warning that the rush to implement the change leaves it vulnerable to legal challenges.
BBloomberg Economy·21h ago BBloomberg Economy·21h agoWorld
Pakistan Inflation Stays Elevated as Risks Cloud Outlook
Pakistan’s inflation remained well above the central bank’s target range in October, underscoring persistent price pressures even after policymakers raised interest rates last week.
BBloomberg Economy·21h ago BBloomberg Economy·22h agoWorld
ECB’s Kazimir Says Markets May Underestimate What’s Needed
Investors may not be pricing enough tightening by the European Central Bank, with the energy shock showing no sign of fading and inflation picking up again, according to Governing Council member Peter…
BBloomberg Economy·22h ago BBloomberg Economy·22h agoWorld
South African Factory Mood Remains Downbeat as Price Pressures Build
South African manufacturing sentiment remained downbeat for a fifth straight month as purchasing-price pressures intensified and expectations about future business conditions deteriorated.
BBloomberg Economy·22h ago BBloomberg Economy·23h agoWorld
Russian Strikes Deepen Ukraine’s Foreign-Aid Needs, Report Says
Ukraine is becoming increasingly dependent on foreign aid as Russian air attacks further devastate its economy, according to a Bloomberg Economics report.
BBloomberg Economy·23h ago BBloomberg Economy·1d agoWorld
BOJ Signals Low Hopes for Consumer Spending as Population Falls
The Bank of Japan signaled that the shrinking of Japan’s population means that it’s increasingly difficult to achieve robust growth in overall consumer spending, suggesting that weak aggregate consump…
BBloomberg Economy·1d ago