By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Mexico's economy posts strongest quarterly growth since 2020
Mexico's economy grew 1.5% in the second quarter, its fastest pace since late 2020, rebounding from a 0.6% contraction in Q1. The broad-base
German inflation rises to 2.8% in July as energy costs jump, clouding recovery outlook
Germany's inflation rate rose to 2.8% in July, up from 2.4% in June, as energy costs jumped 8.3% year-on-year. The increase comes even as th
US economy grew 1.5% in Q2 as consumer spending surged but inflation stayed hot
The US economy expanded at a 1.5% annual rate in the second quarter, missing the 2.0% forecast. Consumer spending jumped 3.2%, but inflation
Shell's trading desks turn market volatility into a $9.8 billion quarter
Shell reported second-quarter adjusted earnings of $9.84 billion, more than double last year, as volatile energy markets boosted its trading
Brazil's Desenrola debt relief makes tiny dent in household borrowing
Brazil's Desenrola debt-relief program renegotiated 3.6 million contracts in May, yet household debt barely budged to 49.8% from a record 49
Bank of England holds rate at 3.75% as three officials warn of energy-driven inflation
The Bank of England held its key interest rate at 3.75% in a 6-3 vote, with three members pushing for a hike to guard against second-round i
Eurozone economy grows 0.4% in Q2, beating forecasts despite higher energy costs
The eurozone economy expanded 0.4% in the second quarter, surprising economists who had expected a slowdown due to rising energy costs from
AEP raises profit forecast as data center power demand surges
American Electric Power raised its full-year profit forecast to $6.25-6.55 a share, driven by data center demand. Take-or-pay contracts with
Italy's Jobless Rate Rises to 5.7% as More People Start Looking for Work
Italy's unemployment rate ticked up to 5.7% in June, missing forecasts, as more Italians began actively searching for work. Employment held
Taiwan Central Bank Holds Rate at 2% Amid Split Over Energy Inflation Risks
Taiwan's central bank held its key interest rate at 2% in June, but meeting minutes show policymakers were divided. Some argued for a hike t
German State Inflation Data Points to National Uptick Ahead
Preliminary July inflation data from four major German states showed increases, setting the stage for a national print later Tuesday. Econom
Saudi Arabia's economy shrinks 4.8% as oil output plunges 24.7%
Saudi Arabia's economy shrank 4.8% year-over-year in the second quarter, as a 24.7% slump in oil output dragged down growth. The data unders