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Nigeria's Inflation Up 15. 93 Percent Amid High Food Prices - NBS
44+ min ago (477+ words) The latest figures show consumer prices increased for the third consecutive month, driven largely by higher food costs across several states. Nigeria's headline inflation rate rose to 15. 93 per cent in May 2026, extending the upward trend recorded since the beginning of…...
Brit who moved to Canada shocked by price of 1 thing
5+ min ago (312+ words) A British expat who moved to Niagara Falls in Ontario, Canada, shared her monthly living costs in a viral Tik Tok Relocating overseas is no small task, bringing with it unexpected financial challenges. However, one British woman living abroad has…...
High Rates & Entitlements Take Us to Debt Disaster
20+ min ago (19+ words) Real Clear Markets High Rates & Entitlements Take Us to Debt Disaster...
Fed Can Exit Housing, or Keep Mortgages Cheap. Not Both
20+ min ago (192+ words) Newly installed as Fed chair, Kevin Warsh wants the Federal Reserve out of the mortgage business. The central bank still holds almost two trillion dollars in mortgage-backed securities, the residue of two rounds of crisis buying and something the law…...
Bank of Italy trims Italy 2027 growth outlook, forecasts inflation jump - AOL
11+ hour, 26+ min ago (301+ words) ROME, June 12 (Reuters) - The Italian economy will grow by 0. 6% this year and 0. 4% in 2027, the country's central bank "said on Friday, confirming its previous estimate for 2026 but "trimming next year's outlook from a 0. 5% projection made in early April. "Economic activity is…...
The UK can't go bust
1+ hour, 30+ min ago (1635+ words) Richard Murphy on developing a fairer and sustainable economy The Daily Telegraph claims that Britain's "3 trillion national debt could lead to an IMF bailout. That sounds alarming. There's just one problem with that claim. It is total nonsense." The UK…...
USD/JPY driven by emotions: Bank of Japan raises rate to highest level since 1995
8+ min ago (484+ words) The USD/JPY pair declined to 160. 13 on Tuesday after two highly volatile trading sessions. Investors remain focused on the Bank of Japan's latest policy meeting. The regulator raised its key interest rate by 25 basis points to 1. 0%, the highest level since…...
Japanese Yen: Bo J path points to medium'term gains " Societe Generale
8+ min ago (361+ words) Societe Generale's Jin Kenzaki and team say the Bank of Japan's hike to 1. 0% marks only the bottom of the neutral range, but new language on upside inflation risks supports further normalisation. Their house view is for 25 bp hikes each quarter…...
Mozambique: Financial institutions have 60 minutes to report failures
33+ min ago (540+ words) Mozambican financial institutions will have 60 minutes to report payment service failures to the Bank of Mozambique, according to new rules applicable to the National Single Network for electronic payments, to which they are now legally required to be connected. The…...
Consumers Keep Fun in the Household Ledger
20+ min ago (389+ words) One of the most protected household categories is pet care, which 71% of consumers kept spending on. Groceries remain the least negotiable expense, with 91% of consumers preserving grocery spending even while reducing discretionary purchases. The cutback economy is proving less about…...