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Tuesday, October 28, 2025
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European growth forecast raised to 1.1% after winter recession avoided

Digital Desk -
The European Union’s executive body has raised its economic growth forecast, saying Europe has dodged a winter recession that was feared amid an energy...
BUSINESS

European Central Bank set to raise interest rates after inflation edges higher

Digital Desk -
The inflation rate in the eurozone inched higher last month, extending the squeeze on households and keeping pressure on the European Central Bank (ECB)...
BUSINESS

Europe’s economy barely grows as inflation pinches consumers

Digital Desk -
The European economy scraped out meagre growth of 0.1% in the first three months of the year, barely gaining momentum after dodging a winter...
BUSINESS

Global economic growth set to fall below 3% this year, IMF chief warns

Digital Desk -
The International Monetary Fund chief has said the world economy is expected to grow less than 3% this year, down from 3.4% last year,...
BUSINESS

Yields drop but stocks hold steady after Fed’s latest interest rate hike

Digital Desk -
Stocks were holding relatively steady and yields were slumping after the Federal Reserve announced its latest hike in interest rates, while hinting it may...
BUSINESS

Bank of England Confirms CBDC Launch By 2025

Digital Desk -
The Bank of England and HM Treasury are launching a consultation into a retail central bank digital currency (CBDC), a “digital pound” which is to be launched...
BUSINESS

Bank of England Raises Interest Rate To 4%

Digital Desk -
The Bank of England has hiked interest rates by 0.5 percentage points taking the base rate to 4 percent. This is the tenth increase...
ECONOMY

Yellen tells Congress US expected to hit debt limit next week

Digital Desk -
Treasury Secretary Janet Yellen has notified Congress that the US is projected to reach its debt limit on Thursday and will then resort to...
ECONOMY

Bank of Japan loosens bond yield cap in surprise move

Digital Desk -
The Bank of Japan has broadened caps for government bond yields, a surprise move that pushed bond yields higher globally and hit stocks in...
ECONOMY

Market Snapshot: Stocks mixed moves following rate hikes

Digital Desk -
The Bank of England (BoE) and US Federal Reserve raised their interest rates by 75 bps last week. European equities rose in value, whilst...
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