UK Inflation Stays at 2.8% in May, Defying Forecasts; Pound Rallies as BoE Rate Cut Bets Fade
UK inflation steadied at 2.8% in May, dashing hopes for a near-term BoE rate cut and lifting sterling while pressuring UK equities.
UK inflation steadied at 2.8% in May, dashing hopes for a near-term BoE rate cut and lifting sterling while pressuring UK equities.
Crypto PAC’s $12 million primary win for Barry Moore signals the industry’s rising political muscle and raises odds for pro-crypto legislation.
BOK cautions that AI-driven bonus surges may inject excessive demand into South Korea's economy, risking a fresh inflation wave and challenging interest…
Bank of France cuts 2026 growth forecast as the economy skims past recession, pressuring the euro and European equities while boosting demand…
ECB officials warn that even a resolution of Iran tensions fails to cure the energy supply shock, keeping oil prices high and…
The Federal Reserve and European Central Bank's increasingly confused rate signals are roiling currency and bond markets, prompting investors to seek safety…
PBOC hints at adopting an overnight policy rate framework similar to the Fed, a reform that could modernize China’s monetary policy signal,…
A foiled White House drone plot lifts defense stocks and nudges gold and bonds higher as markets assess renewed domestic security threats.
The Philippine Senate elected a new leader, strengthening Marcos Jr.’s grip ahead of the Duterte ICC trial, sending the peso lower and…
Chile's central bank keeps its key rate at 4.5% as balanced inflation risks signal a steady monetary stance, supporting stability in Chilean…
Asian stocks fell and crude oil prices steadied as markets entered a holding pattern ahead of the Federal Reserve's policy announcement, with…
NATO allies face renewed U.S. pressure on defense spending targets as Hegseth prepares to push for quicker burden-sharing, lifting European defense stocks…