Stay informed with free updates Simply sign up to the Eurozone economy myFT Digest — delivered directly to your inbox. The Eurozone economy unexpectedly stagnated in the fourth quarter, ratcheting up the pressure on the European Central Bank to cut interest rates more aggressively. The lack of growth in the quarter compared with the 0.1 […]
UK inflation unexpectedly slowed to 2.5 per cent in December, easing pressure on chancellor Rachel Reeves and clearing the path for the Bank of England to press ahead with cutting interest rates next month. The consumer price inflation figure, which was below November’s 2.6 per cent reading and pulled lower by restaurant and hotel prices, […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Indonesia’s central bank has unexpectedly cut interest rates despite a weakening rupiah, citing slowing growth momentum in south-east Asia’s largest economy. Bank Indonesia on Wednesday reduced its benchmark interest rate by 0.25 percentage points to […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Rachel Reeves has admitted she has a “huge” task to turn around the economy, after growth flatlined in the third quarter and business groups warned of a tough start to 2025. Mel Stride, shadow […]
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Retail sales in China missed expectations in November, adding to pressure on policymakers as they battle to boost momentum in the world’s second-largest economy. The consumption gauge added 3 per cent year-on-year, below a forecast […]
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. The UK economy unexpectedly shrank 0.1 per cent in October, the second contraction in a row, in a blow to the Labour government’s economic agenda. The monthly change in GDP published on Friday by the […]
A pedestrian walks past signage for the Bank of Korea in Seoul, South Korea, on Monday, Nov. 22, 2021. SeongJoon Cho | Bloomberg | Getty Images South Korea on Thursday cut its benchmark interest rate by 25 basis points in a surprise move, as the country strives to boost its economy amid growth concerns. This […]
August’s durable goods orders data was released Thursday morning, showing no change (0.0%) from the previous month, in line with economists’ expectations. Additionally, August factory orders declined by 0.2%, below economists’ predictions of a 0.1% increase. Catalysts co-hosts Seana Smith and Brad Smith analyze market reactions to these economic reports. For more expert insight and […]
