Euro zone inflation is back above 3%. Higher interest rates are likely to follow
The European Central Bank is seen hiking rates in September as the Iran war raises energy costs in the region.
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India’s economy expands 7.8% in fiscal first quarter, beating estimates
The economy was driven by a strong performance in the financial, real estate, information technology and professional services sectors.
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Bank of England chief warns new AI models threaten global financial stability
Bank of England Governor Andrew Bailey has warned that frontier AI could materially increase cyber risks to the global financial system.
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China's factory activity shrinks for second straight month, contracting less than expected
China's manufacturing activity shrank for a second straight month, keeping pressure on Beijing to support the economy as growth loses momentum.
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Singapore tackles finances and culture to avert a demographic crisis
One challenge for policy makers is that success on many measures won't show up immediately.
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K, C or E? Why economists can’t agree on the shape of today’s economy
Economists have long viewed the post-pandemic economy as "K"-shaped. That consensus has now evaporated.
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