“Inflation is still expected to stay too high for too long,” the bank said, but noted that its campaign of interest rate increases was helping to curb price pressures.
Category: Economic Conditions and Trends
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What Is Going On in Britain’s Economy? The Picture Is Foggy.
The country’s statistics agency published new “experimental” labor market data, the latest in a series of economic re-evaluations.
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What Is Going on in the U.K.’s Economy?
The country’s statistics agency published new “experimental” labor market data, the latest in a series of economic re-evaluations.
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War With Hamas Hits Israel’s Economy, Central Bank Says
The debt and deficit are expected to jump as the country raises military spending and increases support for businesses and civilians.
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Prospect of Prolonged Israel-Gaza War Adds Economic Havoc to Human Toll
A widening conflict would test Israel’s economic resilience while worsening an already bleak outlook for the Palestinian economy.
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Ukraine’s Economy Starts to Rebound as It Adapts to War
Economists predict a return to growth, but many challenges lie ahead, including the rebuilding of war-torn cities and labor shortages.
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U.K. Inflation, Unchanged at 6.7 Percent, Ends String of Declines
A small drop in food prices in September was offset by rising costs for gasoline and diesel.
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China’s Economy Grew More Than Expected Over the Summer
The government spent heavily on infrastructure, state-owned banks financed a boom in factory construction and consumers spent more, but the housing sector stumbled.
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What is China’s Belt and Road Initiative and How Is It Changing?
Xi Jinping enhanced China’s sway in the world by lending money for infrastructure. Now he’s collecting debts and rethinking his signature aid initiative.
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China Bet It All on Real Estate. Now Its Economy Is Paying the Price.
After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future.
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Green Energy Builders Sought $12 Billion More Subsidies. New York Said No.
The developers will have to decide whether to absorb the higher-than-expected costs or break their contracts with the state.