Category : Economy GDP


Russia's Economy Stagnates Amid War Pressures

Russia's wartime economic boom has given way to stagnation, with growth forecasts slashed to under 1% amid falling oil revenues, tax hikes, and severe labour shortages. Experts analyse whether this economic weakness could impact the conflict in Ukraine.

Bank of England Holds Rates at 3.75%

The Bank of England maintains interest rates at 3.75% while warning of rising unemployment and downgrading growth forecasts for 2026 and 2027.

BoE Holds Rates at 3.75% as Inflation Persists

The Bank of England's Monetary Policy Committee has decided to maintain interest rates at 3.75%, following six previous cuts since mid-2024, as inflation remains above target.

ING Predicts UK Rate Cuts in March and June

Analysts at ING predict UK inflation will fall sharply this spring, potentially dropping below the Bank of England's 2% target, enabling two interest rate cuts by summer.

RBA Rate Rise Driven by Speculator Pressure

The Reserve Bank of Australia's decision to raise interest rates appears influenced more by market speculation than concrete economic indicators, with unemployment figures triggering the shift.

RBA Rate Hike: A Potential Policy Error

As the RBA meets, most experts predict a rate hike, but some warn it could derail Australia's fragile economic recovery and ignore moderating inflation trends.

Berlin's Potato Flood Sparks Mass Free Giveaway

A record potato harvest in Germany has led to a 4,000-tonne surplus, triggering a massive free distribution across Berlin, from zoos to soup kitchens, as residents embrace the unexpected bounty.

Trump Nominates Kevin Warsh as Next Fed Chair

Donald Trump selects former Federal Reserve governor Kevin Warsh to replace Jerome Powell as chair of the US central bank, marking a significant shift in monetary policy leadership.

Fed Holds Rates Despite Trump Pressure

The US Federal Reserve has maintained interest rates at 3.5%-3.75% despite pressure from Donald Trump to cut them, citing solid economic expansion and inflation concerns.

Fed Holds Rates as Trump Pressures Powell

The US Federal Reserve paused interest rate cuts, keeping rates at 3.5%-3.75%, despite intense pressure from the Trump administration and a criminal investigation into Chair Jerome Powell.

RBA Rate Decision: Why a Hike Could Be a Mistake

Analysis suggests the Reserve Bank of Australia should resist market pressure for a rate rise, as recent inflation spikes are driven by volatile holiday and energy costs, not underlying economic trends.

US Dollar Plunge: Global Impact and UK Effects

The US dollar's dramatic decline continues with no end in sight, driven by Trump policies and market fears. Explore the global ramifications and specific implications for UK travellers, businesses, and investors.

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