An analysis of UK inflation data showed a sharp increase in the service sector. The main reasons were the increase in the road tax and the dates of Easter celebrations. According to forecasts, this growth is temporary: service sector inflation, which reached 5.4% in April, will drop to 4.5% this summer, in line with the Bank of England's plans to cut rates through 2026.About half of the increase in inflation is due to the change in the road tax, the effect of which will disappear from the annual... Read More
The inflation rate of New Zealand soared unexpectedly as much as 2.2 percent in the first quarter... Read More
Several economists are speculating that the US Federal Reserve could possibly be in for two more... Read More
Sterling was in a spotlight during the Asian trading on Wednesday after Theresa May called for a... Read More
The International Monetary Fund has recently increased its outlook for international growth by up... Read More
Tech employers are now applying for fewer H-1B visas for skilled workers this year as compared to... Read More
The U.S. Vice President Mike Pence has arrived in Tokyo Japan to meet with Prime Minister Shinzo... Read More
After two consecutive years of recession, the Brazilian economy has been featuring signs of... Read More
Following the Easter holiday this weekend and the benchmark increased for three successive weeks,... Read More
The Turkish lira surged in value as Recep Tayyip Erdogan came out victorious in the Turkish... Read More
In the first quarter of this year, the Chinese economy performed in a faster pace as it showed some... Read More
Raising inflation rates is part of Bank of Japan’s options to stop its Quantitative Easing program a... Read More
The Canadian central bank will release on Wednesday the economic outlook of the country, however,... Read More
Trump administration intends to revise the Dodd-Frank Wall Street reform law and changes its rules... Read More
As stated in the monthly economic assessment report of the government published on Tuesday, the... Read More
Fed Chair Janet Yellen has stated that the Federal Reserve will now be shifting its policy... Read More
The U.K. consumer spending rose but in a sluggish manner that is considered to be the slowest in... Read More
The Deputy Finance Minister of Italy, Enrico Morando has declared a pragmatic assessment regarding... Read More
Barclays CEO James Staley is now under investigation by US and London-based regulators following... Read More
The Indian economy is projected to increase by 7.4% amid the fiscal year 2017-2018 versus its... Read More
The number of applicants for U.S. unemployment benefits has declined to a record low in almost two... Read More
Asian stocks dropped after the US government led an airstrike against Syria as an apparent... Read More
Several Fed officials have already confirmed that the central bank will be starting to cut down... Read More
The Australian Tax Office intends to pursue multinational companies over seven global business... Read More
A low-cost transatlantic airline of Norway is about to launch, with a route from Denver... Read More
If Brexit negotiations did not end well could affect the wholesale banking and financial stability... Read More
The economic experts of Germany have given their advice regarding the zero-interest rate policy of... Read More
The Trump administration is now slowly but surely implementing Trump’s campaign proposal to clamp d... Read More
The trade surplus for the month of March was recorded to reach $7.1 billion according to the... Read More
Former Prime Minister of Denmark and Chief Executive of Save the Children International, Helle... Read More
Fed New York President William Dudley stated that US interest rates are being weighed down by the... Read More
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