Edited by Simisola Fagbola, Econoday EconomistThe EconomyInflationChina's headline producer price index fell 3.3 percent on the year in May, weakening further from the 2.7 percent decline recorded in April. Headline PPI inflation has been in [...]

Edited by Simisola Fagbola, Econoday EconomistThe EconomyMonetary policyAs expected, the European Central Bank cut its main policy rates by 25 basis points, indicating that it's satisfied with the current level of inflation which is around [...]

Edited by Simisola Fagbola, Econoday EconomistThe EconomyInflationGermany's inflation rate in May 2025 shows signs of moderation, with the consumer price index rising by 2.1 percent year-over-year, in line with the consensus, which suggests relative price [...]

Edited by Simisola Fagbola, Econoday EconomistThe EconomyMonetary policyThe Reserve Bank of Australia lowered its main policy rate, the cash rate, by 25 basis points from 4.10 percent to 3.85 percent at its meeting today, in [...]

Edited by Simisola Fagbola, Econoday EconomistThe EconomyInflationThe US Consumer Price Index in April rebounded by 0.2 percent, following a 0.1 percent decline in March, and a 0.2 percent jump in February. This compares to expectations [...]

Edited by Simisola Fagbola, Econoday EconomistThe EconomyMonetary policyAs expected, the US FOMC left the fed funds target rate range at 4.25 to 4.50 percent at the end of the May 6-7 meeting. The post-meeting statement [...]

Edited by Simisola Fagbola, Econoday EconomistThe Economy Monetary policy The Bank of Japan's nine-member board voted unanimously to maintain the target for overnight interest rate at 0.5%, as widely expected, amid high uncertainty over global [...]

Edited by Simisola Fagbola, Econoday EconomistThe EconomyDemandUK retail sales in March 2025 sustained a positive momentum, marking the third consecutive monthly rise with a 0.4 percent increase in volumes, 0.8 percentage points ahead of the [...]

Inflation expectations continue to rise in April as businesses and consumers navigate the choppy waters of the Trump administration's tariff policy. The reversals of policy probably mean that some of the anticipation of higher prices [...]

Edited by Simisola Fagbola, Econoday Economist The Economy Monetary policy The Bank of Canada, as expected, left its target interest rate unchanged at 2.75 percent, as the central bank adopts a more cautious posture in [...]