Economy ‘Spook the West’: Turkey’s bid for BRICS both a strategic and symbolic step, analysts say September 10, 2024 BRICS is seen by some as a symbolic counterweight to Western-led organizations like the EU, the G7 and even NATO.
Key Fed inflation measure shows 2.4% rate in November, lower than expected The PCE price index was expected to show a 2.5% annual inflation rate in November after rising 0.2% monthly. December 20, 2024
Russian central bank surprises markets by holding key rate at 21% Russia's central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages its... December 20, 2024
Bank of England holds rates but vote split surprises markets Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services inflation and wage... December 19, 2024
UK inflation rises to 2.6% in November, in line with expectations UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank... December 18, 2024
The Fed has a big interest rate decision coming Wednesday. Here’s what to expect Traders are pricing in a near certainty that the Fed on Wednesday will lower its key rate by a quarter... December 17, 2024
Iran faces dual crisis amid currency drop and loss of major regional ally Since September, the rial has suffered the ripple effects of hits to Iran's proxies, as well as the November election... December 16, 2024
