News
ECB's Nagel: No Immediate Inflation Relief Even if Hormuz Strait Opens
12+ hour, 53+ min ago (300+ words) ECB policymaker Joachim'Nagel cautioned that even with the recent US'Iran agreement on a preliminary deal to reopen the Strait of Hormuz and calm oil markets, inflation driven by energy costs won't ease immediately. Oil supply recovery will take months, and…...
ECB Must Intensify Efforts to Contain Inflation, Says Kazimir
7+ hour, 29+ min ago (226+ words) ECB policymaker Peter Kazimir emphasized that while the ECB's June 11 rate hike marked a necessary first step, persistent energy-driven inflation risks and second-round effects mean that further monetary tightening is likely needed. June 15 (Reuters) - The European Central Bank has taken…...
Portugal Central Bank Maintains 2026 Growth, Lowers Budget Deficit
3+ hour, 50+ min ago (358+ words) On June15, 2026, the Bank of Portugal confirmed its 2026 GDP growth forecast at 1. 8%, slightly below 2025s 1. 9%, while trimming the 2026 budget deficit projection to 0. 2% of GDP and warning of inflation pressures from higher oil prices. LISBON, June 15 (Reuters) - The Bank of Portugal on Monday…...
SThree Extends Chair James Bilefield's Tenure Until April 2027
3+ hour, 35+ min ago (219+ words) SThree has extended the tenure of Chair James Bilefield by seven months'from September2026 to April2027'to oversee the completion of the CFO search and ensure continuity in leadership. June 15 (Reuters) - British specialist recruiter SThree said on Monday it would extend Chair James…...
ECB's Lagarde on Iran Deal; Nagel Warns Inflation May Persist
1+ hour, 21+ min ago (442+ words) ECB President Lagarde hailed the U. S. Iran ceasefire and potential Strait of Hormuz reopening as welcome news for easing energy pressures, while ECB Governing Council member Nagel warned that inflation relief remains distant, with energy supply normalization taking months. By Hugo…...
Bank of England Set to Hold Interest Rates as ECB Raises Benchmark
11+ hour, 26+ min ago (717+ words) The Bank of England is expected to hold rates at 3. 75% on June 18, taking a cautious approach as it monitors energy-driven inflation pressures from the Iran conflict, while the ECB has already raised rates to counter war-induced inflation. Growth concerns mount…...
SNB Likely to Hold Interest Rates at 0% Through 2027, Economists Say
3+ hour, 53+ min ago (370+ words) Economists in a Reuters poll expect the Swiss National Bank to keep its policy rate at 0% through 2026 and likely into 2027, citing low inflation and strong franc pressures. FX intervention remains the central bank's preferred tool over rate cuts. BENGALURU, June…...
Sterling Rises as US and Iran Reach Preliminary Deal | Finance News
4+ hour, 29+ min ago (462+ words) Sterling edged up to $1. 3426 as U. S. and Iran struck a preliminary peace agreement to reopen the Strait of Hormuz, boosting market sentiment. Oil prices tumbled ~45%, while the dollar remained steady near recent lows. LONDON, June 15 (Reuters) - Sterling inched higher against the…...
Bank of Italy Cuts 2027 Growth Outlook, Expects Inflation Surge
2+ day, 20+ hour ago (345+ words) The Bank of Italy maintains its 2026 GDP growth forecast at 0. 6% but trims its 2027 outlook to 0. 4% (down from 0. 5%), citing weak domestic demand, energy price shocks and geopolitical risks. Inflation for 2026 is raised to 3. 1%, with 2027 projected at 2. 0%. ROME, June 12 (Reuters) - The Italian…...
The Confidence Economy: Why Perception Is Becoming as Important as Performance
3+ day, 52+ min ago (911+ words) These indicators continue to matter. They remain the foundation of business performance and economic analysis. Yet something subtle is changing beneath the surface of the global economy. Increasingly, outcomes are being influenced not only by what organisations achieve, but by…...