Inflation is proving to be a stickier problem than US central bank officials had anticipated
Inflation is proving to be a stickier problem than US central bank officials had anticipated
Deposit rate unchanged at 4%; rate cut could come as soon as June
Claims tend to be volatile around this time of the year
The outlook downgrade follows a similar move by Moody’s in December
New dialogue may need to take place alongside a new Biden administration trade action
The annual consumer price index came in at 3.5% in March
World trade volumes unexpectedly declined by 1.2% in 2023
The new forecast reflects downward revisions for medium-term growth
Frankfurt-based institution has left its key rates unchanged since October 2023
India's Prime Minister has highlighted economic growth as one of his biggest achievements