Specialized search for economics

6+ hour, 3+ min ago   (429+ words) The bank’s monetary policy committee voted 6-3 to keep the rate at 3.75%, in line with the expectations of most economists. Policymakers have kept the rate at that level since December after four rate cuts in 2025. “The impact of the energy shock…...

5+ hour, 37+ min ago   (771+ words) By Alun John and Stefano Rebaudo LONDON/MILAN, July 30 (Reuters) – The bond market selloff after this week’s Federal Reserve meeting highlights the challenge policymakers face as they grapple with what higher energy prices and the uncertain consequences of AI advances…...

7+ hour, 47+ min ago   (587+ words) Housing Market Holds Steady As Fed Pauses, And Iran War Drags On Pasadena Now The nation’s housing market is showing quiet resilience even as a widening war in the Middle East and a divided Federal Reserve complicate the outlook for…...

48+ min ago   (548+ words) The Federal Reserve's preferred inflation measure posted its first monthly decline in six years in June — and the data was already stale before it hit the wire. The Bureau of Economic Analysis reported Thursday morning that the Personal Consumption Expenditures…...

32+ min ago   (842+ words) The Federal Government borrowed ₦12.62 trillion in 2024, exceeding its original borrowing plan by ₦4.79 trillion due to a major revenue shortfall. Oil revenue missed target by almost ₦5 trillion, mainly because crude oil prices and production fell below budget projections. Non-oil tax collections…...

8+ min ago   (858+ words) 1. Red-hot inflation. The GDP deflator, which tracks inflation in the entire economy (consumers, businesses, and governments) soared by 6.3% in Q2 annualized. Not adjusted for this red-hot inflation, “current dollar GDP” jumped by 7.9%. But adjusted for inflation, “real GDP” rose by only…...

5+ hour, 13+ min ago   (676+ words) 7pm - 10pm7pm to 10pm More than 30 lenders have hiked rates in recent weeks amid renewed inflation fears caused by the Iran war, according to Moneyfacts. Homeowners have been warned not to expect mortgage rates to come down “any time soon” despite the Bank…...

1+ hour, 39+ min ago   (451+ words) Money experts urged Brits to "prepare for interest rises" and issued fresh advice to housebuyers following the Bank of England's decision to hold rates. The Bank’s monetary policy committee (MPC) voted six to three to keep its key base interest…...

45+ min ago   (336+ words) Consumer optimism about the economy fell to 35% in the second quarter of 2026, the lowest level in two years, according to McKinsey's ConsumerWise research. Many people are now rethinking their spending habits. Here's how this economic shift is reshaping the way…...

40+ min ago   (999+ words) This paper provides an econometric assessment of the Ghanaian economy and links macroeconomic performance to “success and progress in life” as measured by...