During the meeting held on May 8, the Bank of England announced a reduction in the interest rate to 4.25% from the previous level of 4.5%. As noted in the published statement of the regulator, the decision was in line with the expectations of experts.The vote on the rate cut was controversial: five members supported reducing the rate to 4.25%, while two insisted on a more significant reduction to 4%, and two more favored maintaining the previous level of 4.5%. This alignment of votes highlights ... Read More
The US Federal Reserve has left its key interest rate unchanged, keeping it in the range of... Read More
The index of business activity in the German construction sector increased to 45.1, rising from... Read More
The Fed kept the base rate in the range of 4.25-4.5% as expected. The rate has been at the current... Read More
China has announced large-scale mitigation measures to support an economy weakened by trade... Read More
The softening of trade relations between the United States and China has contributed to the... Read More
The Fed is likely to keep the federal funds rate at 4.25%-4.50% at the May meeting. This step is... Read More
Last year, the European Union spent 23 billion euros on the purchase of Russian gas. Monthly... Read More
In the United States, it was decided to raise the national debt ceiling, which makes default... Read More
The main index of the Frankfurt Stock Exchange DAX, representing 40 leading German companies, lost... Read More
The EU intends to impose additional tariffs on American goods with a total value of about 100... Read More
The Swiss National Bank (SNB) has declared its readiness to take decisive measures to prevent... Read More
Oil prices are rising after falling to lows since February 2021. Brent rose to $61.50 per barrel... Read More
Donald Trump stated that cryptocurrencies have become an important and stable asset class that... Read More
The World Diamond Council (WDC) has asked the US authorities to exclude natural diamonds from the... Read More
The euro is strengthening against the dollar after the publication of data on the growth of... Read More
The head of the European Commission, Ursula von der Leyen, announced the launch of a new incentive... Read More
OPEC+ plans to accelerate oil production growth and may cancel a voluntary production cut of 2.2... Read More
The EU may consider increasing imports from the United States by about $56.5 billion. Such a step... Read More
The head of the U.S. Chamber of Commerce, Suzanne Clark, appealed to the presidential... Read More
On Friday, bitcoin rose to $96,577, with an intraday high of $97,226.1. The growth of the... Read More
The IMF has announced a revision of its expectations for economic growth in the Middle East and... Read More
In the draft budget for next year, Donald Trump will propose cutting spending by $163 billion. $557... Read More
In April, the average price of gas in Europe fell by almost 13% compared to March, amounting to... Read More
The United States and Ukraine have signed an agreement on natural resources, which the US Treasury... Read More
Exports of British manufactured goods declined sharply, recording the largest drop in five years.... Read More
The US currency is experiencing its worst month since 2022 amid declining investor interest in... Read More
The US economy is shrinking. The country's inflation-adjusted GDP decreased by 0.3% in the first... Read More
One in five companies intends to leave Germany due to high energy prices and excessive bureaucracy.... Read More
The administration of Donald Trump is considering the possibility of revising restrictions on the... Read More
The European stock market experienced the largest sell-off by hedge funds in a decade in March and... Read More
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