Japan should gradually raise interest rates while keeping fiscal support targeted, a senior official from the International Monetary Fund said on Thursday, highlighting resilience in the country’s domestic
The International Monetary Fund has warned that the escalating conflict in the Middle East is adding further stress to an already fragile global fiscal environment. In its latest
Finance ministers from more than 10 countries cautioned on Wednesday that the ongoing Middle East conflict would continue to weigh on global growth, inflation, and financial markets, even
US Treasury Secretary Scott Bessent said on Tuesday that he remains confident that core inflation in the United States will continue to ease despite the ongoing war involving
Billionaire investor Ken Griffin has warned that a prolonged shutdown of the Strait of Hormuz could push the global economy into a recession, underscoring the risks tied to
Euro zone government bond yields rose on Monday. This came after the United States and Iran failed to reach a deal to end the conflict. The breakdown in
The significance of the US dollar in global trade has taken a hit over the last couple of years, but a straightforward decline is not on the cards
Europe’s airport industry has raised concerns over a looming jet fuel shortage that could materialise within the next three weeks, potentially disrupting summer travel. ACI Europe, which represents
Global markets navigated a complex mix of geopolitical tension, commodity swings, and technology-driven momentum on Friday, as the United States and Iran prepared for critical talks aimed at
The European Central Bank on Friday endorsed the European Commission’s proposal to strengthen integration across European Union capital markets through a system of joint supervision. However, the central