MORE BOE'S BAILEY: FINANCIAL CONDITIONS HAVE TIGHTENED WHICH GIVES US TIME TO EVALUATE WHETHER WE NEED TO RAISE BANK RATE
MORE BOE'S BAILEY: FINANCIAL CONDITIONS HAVE TIGHTENED WHICH GIVES US TIME TO EVALUATE WHETHER WE NEED TO RAISE BANK RATE
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…
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…
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…
MORE BOE'S BAILEY: I AM ENCOURAGED THAT INFLATION HAS NOT RISEN HIGHER
MORE BOE'S BAILEY: I AM ENCOURAGED THAT INFLATION HAS NOT RISEN HIGHER
MORE BOE'S BAILEY: THE LABOUR MARKET IS QUITE SOFT; WE SEE AN OUPUT GAP OPENING UP
MORE BOE'S BAILEY: THE LABOUR MARKET IS QUITE SOFT; WE SEE AN OUPUT GAP OPENING UP
BANK OF ENGLAND GOVERNOR ANDREW BAILEY TO CNBC: WE'D HAVE HIT INFLATION TARGET IN APRIL OR MAY OF 2026 WERE IT NOT FOR THE WAR
BANK OF ENGLAND GOVERNOR ANDREW BAILEY TO CNBC: WE'D HAVE HIT INFLATION TARGET IN APRIL OR MAY OF 2026 WERE IT NOT FOR THE WAR
MORE BOE'S BAILEY: INFLATION COULD HIT 3.2% LATER THIS YEAR BECAUSE OF LAGGED EFFECTS ON ENERGY
MORE BOE'S BAILEY: INFLATION COULD HIT 3.2% LATER THIS YEAR BECAUSE OF LAGGED EFFECTS ON ENERGY
trading-economics
Colombia Industrial Confidence Falls in May
Colombia’s industrial confidence indicator fell by 1.0 percentage point month-over-month to -2.9% in May 2026, signaling weaker sentiment in the manufacturing sector.The decline was mainly driven by a 4.2 percentage points increase in inventory levels and a 2.1 percentage points drop in production…
NEWS trading-economics
South African Rand Slightly Firmer
The South African rand edged up toward 16.4 per USD, the highest since mid-June, mainly benefiting from rising prices of key precious metals.Meanwhile, traders digested fresh domestic data showing inflation expectations rose sharply in the second quarter.However, the survey was conducted before the…
dow-jones
Canada's Economy Ticks Along After GDP Grows 0.5% in April — 2nd Update
By Robb M. StewartOTTAWA--Canada's economy emerged from a rough winter on firmer footing, springing back to growth with a slight rise in activity last month on the heels of the strongest growth in nine months in April.The rebound puts the economy on track to resume growing this quarter, following b…
dow-jones
Energy Costs Still Drive Inflation, Though Little Evidence of Indirect Effects — Market Talk
1106 ET - Inflation in Germany fell more sharply than expected in June, mainly on easing energy and food prices. Although core inflation stayed unchanged, there's little evidence of indirect effects from energy prices into costs of other goods, Commerzbank's Ralph Solveen says in a note. Based on a…
dow-jones
Energy Costs Still Drive Inflation, Though Little Evidence of Indirect Effects — Market Talk
Inflation in Germany fell more sharply than expected in June, mainly on easing energy and food prices. Although core inflation stayed unchanged, there's little evidence of indirect effects from energy prices into costs of other goods, Commerzbank's Ralph Solveen says in a note. Based on available d…
German regulator moves to curb Deutsche Bahn dominance on key rail routes
Germany's network regulator plans to limit Deutsche Bahn's use of long-distance rail capacity on some congested routes, potentially opening the market to rivals including Italy's Italo (IPO-NUOVO.MI).The Bundesnetzagentur presented the proposal to its rail infrastructure advisory council on Tuesday…
NEWS reuters
In France, a funeral home is overwhelmed as the heatwave's death toll rises
By Lucien Libert and Lauren BacquieUndertaker Zouhaier Hertelli is receiving panicked calls from families, retirement homes, and even the police desperately trying to find space in refrigerated mortuary storage for people who died during the heatwave that has been gripping France.There were at leas…
NEWS reuters
Trump cuts New York funding for Medicaid fraud unit
By Jody GodoyThe Trump administration said on Tuesday it would cut off funding to New York's Medicaid fraud unit, accusing it of underperforming in a move that could jeopardize the state's eligibility to receive federal funding for low-income healthcare.New York has lagged behind other large states…
NEWS dow-jones
U.S. Job Openings and Hires Remained Stable in May
By Jessica CoacciU.S. job openings and hires held steady in May, according to a report from the Labor Department's monthly job openings and labor turnover survey.Available positions held steady at 7.6 million in May, unchanged from April. Meanwhile, the hiring rate held steady at 3.3% with about 5…
NEWS dpa_afx
Portugal Inflation Eases To 3.2% In June
BRUSSELS (dpa-AFX) - Portugal's consumer price inflation moderated slightly in June amid a reduction in fuel prices, preliminary data from Statistics Portugal showed on Tuesday.The consumer price index rose 3.2 percent annually in June, slower than the 3.3 percent increase in May.The annual price g…
dow-jones
Another ECB Rate Hike Could be Policy Mistake as Energy Shock Eases — Market Talk
Another interest-rate hike from the European Central Bank could become a policy mistake, ING global head of macro Carsten Brzeski says in a note. ECB President Christine Lagarde reiterated Monday that the June rate increase was driven by a higher inflation outlook. But with the recent drop in energ…
dow-jones
Another ECB Rate Hike Could be Policy Mistake as Energy Shock Eases — Market Talk
1057 ET - Another interest-rate hike from the European Central Bank could become a policy mistake, ING global head of macro Carsten Brzeski says in a note. ECB President Christine Lagarde reiterated Monday that the June rate increase was driven by a higher inflation outlook. But with the recent dro…