Macroeconomy
Middle East conflict fuels oil prices, stoking inflation fears
Higher crude costs and rising bond yields renew concerns about price pressures and possible interest rate hikes.
ECB Expected to Hold Rates in July but Hike Still Possible, Analysts Say
While a rate hold is the baseline for Thursday's meeting, analysts at ING warn a surprise hike should not be ruled out and hawkish signals could emerge.
UK Inflation Falls to 2.6% in June 2024
The annual figure dropped, with lower fuel prices as a contributing factor.
Pakistan seeks $10 billion US backstop facility to boost reserves, source says
The request aims to strengthen foreign exchange reserves, according to a source familiar with the matter.
UK wage growth steady, job vacancies fall in three months to May
Vacancies fell by nearly half from their 2022 peak, though wage growth and unemployment held steady, official data revealed.