Economic News

Bank of Japan Holds Interest Rates Steady Amid Cautious Economic Optimism

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The Bank of Japan (BoJ) has opted to keep its key interest rate unchanged at 0.25%, maintaining a cautious approach as it continues to...
Map of China

China’s Economic Slowdown Deepens, Calls for Stimulus Grow

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China’s economy is facing increasing pressure as industrial output, retail sales, and investment all slowed in August 2024. The latest data shows a weakening...
money £20 and coins

UK National Debt Set to Triple by 2070 Due to Climate and Health Crises

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UK national debt is projected to nearly triple by 2070, reaching up to 310% of GDP, OBR report warns. Rising healthcare costs and...
European Central Bank

ECB Cuts Rates to 3.5% Amid Slowing Inflation and Weak Growth

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The European Central Bank (ECB) has cut interest rates again, continuing its efforts to combat slowing inflation and sluggish economic growth in the Eurozone. On...

US Inflation Moderates to 2.5% in August 2024: Key Trends and Impact

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Inflation slowed to 2.5% in August 2024, the lowest annual rate since February 2021, offering some relief to consumers. Energy prices dropped sharply,...