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IMF pushes for larger austerity cuts in borrowing countries: Oxfam - Latest News
3+ day, 3+ hour ago (273+ words) The IMF has pushed borrowing countries to make bigger austerity cuts over the past decade, charity Oxfam said on Sept. 10, urging for alternatives to such measures. "These cuts undermine vital spending on public services — from health care to education and…...
Ukraine’s Statistics Service Lowers Q2 2026 GDP Growth to 0.4% After Data Revision
18+ hour, 34+ min ago (262+ words) In brief: Ukraine’s State Statistics Service revised its second-quarter 2026 GDP estimate down to 0.4% year-on-year, from a 0.6% flash estimate, and to 0.3% quarter-on-quarter, below the National Bank’s earlier 0.8% calculation. Nominal GDP reached just under Hr. 2.31 trillion ($51.8 billion). Ukraine’s State Statistics Service revised its…...
Central banks should look beyond consumer, corporate inflation expectations: UBS
19+ hour, 29+ min ago (10+ words) ...
ECB’s Kaasik Says Understandable Why Markets See More Rate Hikes | Stock Market News
1+ day, 4+ min ago (306+ words) (Bloomberg) -- Investor bets on additional European Central Bank increases in borrowing costs are logical given the present situation, according to Governing Council member Ulo Kaasik. “It’s true the markets are expecting the interest-rate hiking cycle to continue, and looking at…...
Portuguese economist Ricardo Reis dropped by IMF after criticising Trump tariffs
3+ day, 3+ hour ago (227+ words) Portuguese economist Ricardo Reis is reported to have been removed from the race for the post of chief economist at the International Monetary Fund (IMF) after criticising Donald Trump's tariffs. According to the Financial Times, which cites three anonymous sources,…...
France’s economy not a catastrophe but deficit must be reduced, France’s Moulin says
1+ day, 23+ hour ago (139+ words) PARIS, Sept 11 (Reuters) – Emmanuel Moulin, France’s central bank chief, said on Friday that France was not in catastrophic economic danger but the government must act to reduce the country’s public deficit. Moulin, speaking to RTL radio, was speaking after INSEE…...
ECB Raises Rates to 2.50% and Lifts Inflation Forecasts: What It Means for EUR/USD
2+ day, 3+ hour ago (1014+ words) Published on: 2026-09-11 Updated on: 2026-09-11 The ECB raised all three key rates by 25 basis points on 10 September, taking the deposit rate to 2.50% from 16 September. Inflation forecasts for 2027 and 2028 were revised up to 2.5% and 2.1%, while growth was upgraded to 0.9% in 2026 and 1.4% in…...
ECB raises mortgage interest rates again with immediate effect for some homeowners
2+ day, 10+ hour ago (389+ words) The European Central Bank has raised its interest rates for the second time this year As expected, the European Central Bank has raised its interest rates for the second time this year in a bid to dampen a rise in…...
ECB raises interest rates: what it means for mortgages in Spain
2+ day, 10+ hour ago (800+ words) The European Central Bank has raised interest rates by 0.25 percentage points to 2.5%, its second increase of 2026, as policymakers try to control renewed inflation across the eurozone. For households in Spain, the decision matters particularly for variable-rate mortgages linked to Euribor,…...
ECB Hikes Rates as Iran War Fuels Inflation Fears in Eurozone
2+ day, 13+ hour ago (671+ words) Friday, 11 September 2026 The ECB on September 10, 2026, raised its key rate by 25 basis points to 2.50%, marking the second hike this year, as soaring energy prices linked to the Iran war fuelled inflation; the euro weakened and bond yields climbed. LONDON, Sept…...