Since early 2023, countries in Southern Europe have seen strong declines in unemployment, while those in the north have seen increases. This is helping eurozone convergence, adding to tighter ...

Yesterday's US inflation data was... mixed. Headline CPI rose 0.3% month-on-month, exactly as expected, pushing the annual rate up to 2.7% from 2.4% in the prior month. But core inflation came in ...

Romania has launched a bold fiscal overhaul to fix its record deficit by raising taxes and curbing spending. The short-term hit to growth and inflation will be significant, but the plan could also ...

Bank Indonesia’s rate cut today surprised markets, but the overnight announcement of a trade deal with Indonesia by President Trump likely provided the confidence needed to proceed without delay. We c ...