The Latest Breaking News from Economy

UK economy has bounced back from March’s contraction, but experts fear rising interest rates will cause recession

The Federal Reserve, having raised interest rates at the fastest pace in four decades, is poised Wednesday to leave rates alone for the first time in 15 months to allow time to gauge the impact of its aggressive drive to tame inflation

The private sector has expressed concern that any delay in the formation of a new government may have an adverse impact on the economy.

Fundstrat’s Tom Lee is known for his bullish takes. He called a 20% S&P 500 rebound this year, and it’s up over 14% so far.

Almost £150m to be spent on research labs to help future-proof industry and lift creative economy

The sector has grown at more than 1.5 times the rate of the wider economy over the past decade.

Back in March 2022, the Federal Reserve embarked on an unprecedented interest rate hiking cycle

The RBA and whoever happens to be in government right now want unemployment up above 4 per cent to 4.25 or 4.5 per cent.

Reduction in monetary policy tool follows a cut in another key lending rate and may signal more central bank action to bolster the economy

The initial political success of the Doug Ford government in Ontario has been attributed to its ability to connect with those who have seen themselves as the losers in the province’s economic transition from a manufacturing and resource extraction-based economy to one based on services.

Is a soft landing for the economy in sight? The May CPI data looks kind of like it, but only to some economists.