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It was the eighth rate cut in the past year as officials try to steer Europe’s economy through “exceptional” uncertainty.
The European Central Bank on Thursday announced a 25-basis-point interest rate trim and lowered its inflation expectations on the back of a stronger euro and lower energy costs.
The European Central Bank cut interest rates for the eighth time in a year on Thursday, acknowledging inflation was under ...
President Donald Trump has resurrected a hallmark policy of his first term, announcing that citizens of 12 countries would be ...
Egypt's annual urban consumer price inflation jumped to a greater-than-expected 16.8% in May from 13.9% in April, data from ...
Egypt’s annual headline inflation rate accelerated in May to 16.5 percent 2025, compared to a rate of 13.5 percent in April ...
Egypt's urban inflation rate saw its fastest acceleration of the year in May, reaching 16.8 percent year-on-year, up from ...
Markets are pricing in a 25 basis point rate cut from the ECB. Here’s what analysts say about its potential next steps and ...
The median forecast of 12 analysts polled by Reuters was for annual urban consumer inflation to have risen to 14.9% in May ...
Severe aid cuts have forced a reckoning for African governments. Aid dependency was never the intention, but too often it ...
The central bank's job got a little more complicated this week when food inflation came in at the highest in a year after a fourth monthly consecutive increase in May. Fresh foods and red meats were ...