Economy

Economic News

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Colombia Jobless Rate Drops in May

Colombia’s unemployment rate fell to 8.0% in May 2026 from 8.8% in the previous month, remaining below market expectations of 8.9% and marking the lowest reading for the month of May since 2001.The unemployment rate for women stood at 9.9%, while the rate for men was 6.6%, resulting in a gender gap…

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Economy
trading-economics

Botswana Economy Returns to Growth in Q1

The economy of Botswana grew by 3.5% year-on-year in Q1 2026, rebounding from a 5.4% contraction in the previous period.The turnaround was largely driven by a surge in utilities and diamond traders industries, up 87.4% and 60.5%, respectively.Growth was also supported by the education sector, which…

Trading Economics en
Economy
zacks

Pivotal Week Ahead: Warsh's Hawkish Turn, June Jobs Report on Deck

Some weeks are about a single headline. This one is about a convergence.As the second half of 2026 gets underway, investors are digesting a Federal Reserve that just reset its tone under new leadership, an interest-rate outlook that has quietly flipped on its head, a jobs report that could decide w…

Zacks en
Economy
zawya

ZAWYA: Siemens Energy to increase Oman’s energy production by 20 percent

Muscat/Berlin, Siemens Energy will supply key power generation technology and long-term service for the Misfah and Duqm Independent Power Producer (IPP) projects in Oman. With a planned capacity of nearly 2.6 gigawatts, the two combined-cycle power plants will increase the country’s electricity cap…

Zawya en
EconomyStocksDE
NEWS dow-jones

Fed's Hammack: Fed May Need Higher Rates To Move Inflation Back to Target — Market Talk

1130 ET - Cleveland Fed President Beth Hammack says if higher inflation trends continue, the Fed may need to raise interest rates to restore inflation to target, citing robust consumer spending and short-term inflationary pressures from the AI data center buildup. Outside of higher energy prices, H…

Dow Jones Newswires en
BondsEconomyFutures
NEWS dow-jones

Fed's Hammack: Fed May Need Higher Rates To Move Inflation Back to Target — Market Talk

Cleveland Fed President Beth Hammack says if higher inflation trends continue, the Fed may need to raise interest rates to restore inflation to target, citing robust consumer spending and short-term inflationary pressures from the AI data center buildup. Outside of higher energy prices, Hammack say…

Dow Jones Newswires en
BondsEconomy
NEWS dow-jones

Fed's Hammack: Fed May Need Higher Rates To Move Inflation Back to Target — Market Talk

1130 ET - Cleveland Fed President Beth Hammack says if higher inflation trends continue, the Fed may need to raise interest rates to restore inflation to target, citing robust consumer spending and short-term inflationary pressures from the AI data center buildup. Outside of higher energy prices, H…

Dow Jones Newswires en
EconomyForex
NEWS reuters

UK car lobby group warns of £1.4 billion hit from post-Brexit rules

By Muvija M and Nick CareyBritish electric vehicle makers will have to pay £1.4 billion ($1.85 billion) in tariffs if there is no solution on local content requirements with the European Union, the country's main car lobby group estimated on Tuesday.The post-Brexit rules on the sourcing of parts, w…

Reuters en
Economy
NEWS dpa_afx

Slovenia Inflation Remains Stable At 3.6%

BRUSSELS (dpa-AFX) - Slovenia's consumer price inflation held steady in June after accelerating in the previous two months, figures from the Statistical Office of the Republic of Slovenia showed on Tuesday.The consumer price index climbed 3.6 percent year-on-year in June, the same as in May, which…

dpa-AFX en
Economy
NEWS sharecast

German inflation falls more than expected in June

The year-on-year change in the consumer price index decreased to 2.3% this month, down from 2.6% in May, Destatis reported on Tuesday.This was below the consensus forecast of 2.5% and the second straight fall after hitting a two-year high of 2.9% in April. June's reading was the lowest rate seen si…

ShareCast en
Economy
NEWS reuters

POLONIA Rate stays unchanged

WARSAW, Jun 30 (Reuters) – POLONIA the reference rate for Overnight deposits amounted to 3.41 percent.The volume of transactions concluded till 16:30 by banks participating in POLONIA fixing amounted to 00 mln PLN.Note: Description of reference rate at:https://www.nbp.pl/((warsaw.newsroom@reuters.c…

Reuters en
Economy
NEWS reuters

BoE's Bailey sees no rush to act on interest rates

Bank of England Governor Andrew Bailey said on Tuesday that the central bank remained in no rush to respond to increased oil prices and that inflation was on course to return to its 2% target, albeit later than he would have liked.Bailey said that past increases in oil prices meant British inflatio…

Reuters en
Economy
NEWS reuters

Colombia's urban jobless rate falls to 8.5% in May

Colombia's urban jobless rate was 8.5% in May, below the 9% registered the same month last year, government statistics agency DANE said on Tuesday, based on surveys in the country's 13 biggest cities.The national unemployment rate also stood at 8%, also below the 9% reported for May 2025, DANE said…

Reuters en
Economy