Huw Pill said it was a risk to leave interest rates unchanged while waiting for clearer signs of how the Iran war has affected UK inflation.
Federal Reserve Governor Christopher Waller is inclined to remain patient on interest rates, influenced by upcoming inflation data. He noted he might consider a rate hike if inflation data shows progress towards the 2% goal, acknowledging some signs of disinflation.
WASHINGTON, United States — The US Federal Reserve on Wednesday flagged that while the country’s general economic outlook was positive, heightened uncertainty due to high energy prices, policy issues and the Iran war was weighing on industry and household sentiment.
THE peso regained some ground on Thursday, ending a run of four straight record lows, and the stock market also rebounded slightly ahead of today’s release of August inflation data.
India’s revised GDP numbers have triggered questions over repeated revisions and the 7.8% growth rate. Surjit Bhalla explains why consumption, investment and imports offer a different picture of the data.
India reported robust year-on-year GDP growth of 7.8 percent in the April-June quarter, beating forecasts and giving Prime Minister Narendra Modi's government a fresh opportunity to showcase the economy's resilience despite global uncertainty.
India's central bank secured record diaspora funds, exceeding projections significantly. This fundraising effort may incur substantial costs for the Reserve Bank of India. The RBI agreed to shield banks from currency risks on these foreign deposits. These operations could cost up to 1.2 trillion rupees over five years. The central bank aims to manage these fiscal implications through careful investment strategies.
IN the past week, we experienced two kinds of rising pressure: interest rates and floodwaters.
Q3 2026 survey reveals weaker economic expectations, elevated recession concerns, more selective underwriting practices, and continued borrower investment in
The Dutch bank owns 612.4 metric tons (675 tons) of gold that was worth 72.2 billion euros (about $83.6 billion) at the end of 2025.