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Russia's Central Bank kept its key rate unchanged at 7.5%, citing persistent inflation and cautious outlook. South Africa and Namibia also maintained rates despite easing inflation, reflecting regional focus on stability and cautious policy adjustments. All three economies face external risks and slow growth.
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UK inflation increased to 3.3% in December, driven by higher tobacco, travel, and food costs. Economists forecast inflation will decline in 2026, supported by fiscal measures and labor market slack, but estimates vary on the exact rate of increase for December.
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US inflation remains above the Federal Reserve's 2% target, with consumer prices rising 2.8% in November. Despite slowing job growth and a cooling labor market, consumer spending stays strong, and economic growth is healthy. The Fed is likely to hold interest rates steady next week.
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The Federal Reserve and eurozone central bank have maintained their interest rates amid stable employment and slowing inflation. The Fed expects to keep rates unchanged next month, while the eurozone signals possible stability into 2027, as economic growth remains resilient and inflation declines.
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Lidl and other UK supermarkets are increasing wages and benefits ahead of minimum wage rises. Lidl's pay will rise to £13.45/hour, with higher rates in London, and paternity leave doubles to eight weeks. The moves aim to attract workers amid sector growth and inflation pressures.
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US inflation slowed to 2.4% in January, below expectations, amid strong job growth and falling energy prices. The labor market remains resilient, but recent data raises questions about the Federal Reserve's next move on interest rates amid mixed signals on inflation and employment.
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The US economy shows steady growth with IMF forecasts, while Egypt's reforms lead to economic recovery and debt relief. Both countries face challenges in structural reforms and external pressures, but recent data indicates progress in stability and growth.