A central bank kept its benchmark interest rate unchanged at its latest policy meeting, even as officials flagged that rising energy prices and higher memory chip...
Trending News
August 25, 2026
Author: First Financial News Desk
U.S. Economy Slows to 1.5% in Q2 While Core Inflation Holds at 3.3%
The U.S. economy expanded at a slower pace in the second quarter, growing at an annualized rate of 1.5%, even as core inflation remained sticky at...
Fed’s Preferred Inflation Gauge Eases in June, but Tariff Effects Loom
The Personal Consumption Expenditures price index — the Federal Reserve’s preferred measure of inflation — cooled in June. Economists caution the improvement may be temporary as...
Bank of England Governor Warns Tariffs Could Drive UK Goods Prices Lower via Trade Redirection
Bank of England Governor Andrew Bailey has signaled that global tariffs could put downward pressure on UK goods prices, as trade flows shift and cheaper imports...