Economics

World Bank keeps China GDP growth forecast at 4.4 percent for 2026 as AI investment supports economy

World Bank keeps China GDP growth forecast at 4.4 percent for 2026 as AI investment supports economy

The economy remains resilient despite global energy and external risks

Eurozone inflation drops to 2.8 percent in June as energy, services pressures ease

Eurozone inflation drops to 2.8 percent in June as energy, services pressures ease

Fresh Eurostat data suggests price pressures in the euro area are becoming less intense

U.S. inflation breaks 4 percent level for first time since 2023 as oil shock pushes prices higher

U.S. inflation breaks 4 percent level for first time since 2023 as oil shock pushes prices higher

Rising energy prices linked to Middle East tensions push inflation above Fed target levels

ECB keeps cautious stance as Lagarde signals limited room for more rate hikes

ECB keeps cautious stance as Lagarde signals limited room for more rate hikes

Policymakers remain focused on inflation while supporting economic growth

Europe’s climate damage costs hit $941.7 billion as fiscal risks grow

Banking & Finance

Europe’s climate damage costs hit $941.7 billion as fiscal risks grow

A new report highlights the rising economic burden of extreme weather across the EU

U.K. interest rates stay at 3.75 percent as Bank of England warns over energy price uncertainty

U.K. interest rates stay at 3.75 percent as Bank of England warns over energy price uncertainty

The central bank warned that geopolitical tensions are clouding the inflation outlook

Eurozone’s inflation rises to 3.2 percent in May as services keep price pressures elevated

Eurozone’s inflation rises to 3.2 percent in May as services keep price pressures elevated

Eurostat data showed inflation accelerated across both the euro area and the European Union

France to invest $760 million in AI expansion, sovereign government tools under France 2030 plan

France to invest $760 million in AI expansion, sovereign government tools under France 2030 plan

New initiatives include a secure AI assistant for public servants and national data platforms

U.K. GDP shrinks 0.1 percent in April as services drive decline, inflation eases to 2.8 percent

U.K. GDP shrinks 0.1 percent in April as services drive decline, inflation eases to 2.8 percent

Mixed signals from inflation and GDP leave policymakers balancing stability and weak momentum

Putin affirms BRICS drives growth as bloc generates 49 percent of global GDP expansion, $1 trillion in trade

Putin affirms BRICS drives growth as bloc generates 49 percent of global GDP expansion, $1 trillion in trade

The member states' share of global trade has more than doubled since inception

Eurozone’s May Composite PMI falls to 48.5 as shrinking demand, inflation signal 0.2 percent Q2 GDP contraction

Eurozone’s May Composite PMI falls to 48.5 as shrinking demand, inflation signal 0.2 percent Q2 GDP contraction

Private sector activity contracts at fastest pace in 18 months

U.S. Treasury yields return to 5 percent for the first time since 2007

Banking & Finance

U.S. Treasury yields return to 5 percent for the first time since 2007

Investors sell off government debt as Middle East conflict fuels inflation concerns

ECB Lagarde rejects eurozone stagflation fears despite rising growth, inflation risks

ECB Lagarde rejects eurozone stagflation fears despite rising growth, inflation risks

Baseline forecasts 0.9 percent 2026 expansion rates steady amid oil shock divergence

U.S. national debt surpasses 100 percent of GDP, hits 100.2 percent in March as it echos WWII highs

Banking & Finance

U.S. national debt surpasses 100 percent of GDP, hits 100.2 percent in March as it echos WWII highs

Public debt $31.27 trillion exceeds annual GDP record borrowing inaction

U.S. Q1 2026 GDP grows 2 percent, beats forecasts amid inflation and global headwinds

U.S. Q1 2026 GDP grows 2 percent, beats forecasts amid inflation and global headwinds

GDP accelerates amid energy shock

Bank of England holds rates at 3.75 percent citing energy uncertainty, elevated inflation risks

Bank of England holds rates at 3.75 percent citing energy uncertainty, elevated inflation risks

MPC 8-1 vote warns of rising U.K. inflation risks from oil shock

Eurozone inflation hits 3 percent in April on energy surge amid Q1 GDP growth of 0.1 percent

Eurozone inflation hits 3 percent in April on energy surge amid Q1 GDP growth of 0.1 percent

Energy prices spiked 10.9 percent amid SoH blockade fueling stagflation fears

Bank of Japan holds interest rate at 0.75 percent, raises inflation forecast by 0.9 percent

Bank of Japan holds interest rate at 0.75 percent, raises inflation forecast by 0.9 percent

Central bank keeps policy steady in 6–3 vote as market expected

Euro area economy contracts first time in 16 months as April PMI falls to 48.6 on services slump, energy cost pressures

Euro area economy contracts first time in 16 months as April PMI falls to 48.6 on services slump, energy cost pressures

Business activity weakens

U.S. inflation reaches 2-year high of 3.3 percent in March as gas price surge impacts broader economy

U.S. inflation reaches 2-year high of 3.3 percent in March as gas price surge impacts broader economy

Gasoline prices climbed 21.2 percent in March, marking record increase since 1967

U.S. Q4 GDP growth revised lower to 0.5 percent as investment weakens

U.S. Q4 GDP growth revised lower to 0.5 percent as investment weakens

The Commerce Department reported a step down from the prior 0.7 percent growth figure for the quarter

Sri Lanka secures IMF agreement for $700 million, commits to reforms for economic stability

Sri Lanka secures IMF agreement for $700 million, commits to reforms for economic stability

Country implemented fuel rationing and 35 percent price hike to preserve foreign reserves

U.S. Federal Reserve minutes reveal policy split as officials weigh potential interest rate hikes

U.S. Federal Reserve minutes reveal policy split as officials weigh potential interest rate hikes

Fed officials forecast slower progress toward 2 percent inflation goal amid energy volatility

U.S. jobs see sharp rebound with 178,000 nonfarm payrolls added in March

U.S. jobs see sharp rebound with 178,000 nonfarm payrolls added in March

Unemployment falls to 4.3 percent as 396K drop out of labor force