Eshe Nelson
Posts
U.K. Inflation Falls to 2.3 Percent, Lowest in Three Years
The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.
UK Shakes Off Recession as Economy Grows Faster Than Expected
Gross domestic product increased 0.6 percent in the first quarter, after shrinking the two previous quarters.
Britain Shakes Off Recession as Economy Grows Faster Than Expected
Gross domestic product increased 0.6 percent in the first quarter, after shrinking the two previous quarters.
Bank of England Holds Interest Rates at 5.25%, but Signals Cuts
A rate cut could come as soon as this summer as the central bank forecast that inflation would drop to its 2 percent target.
Getir, a Rapid Grocery-Delivery Service, Exits the U.S. and Europe
The company had expanded quickly to keep ahead of rivals, but like other pandemic darlings, its business lost steam after lockdowns were eased.
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.
How Ozempic Is Transforming a Small Danish Town
In Kalundborg, population under 17,000, Novo Nordisk is making huge investments to increase production of its popular diabetes and weight-loss drugs, Ozempic and Wegovy.
Bank of England to Overhaul Its Forecasting After Inflation Surprises
The review, which was led by Ben S. Bernanke, a former Federal Reserve chair, came after the central bank had been criticized for underestimating inflation.
E.C.B. Holds Rates Steady as Markets Look for Hints on First Cut
It was the fifth consecutive decision by the eurozone’s central bank to leave rates untouched, as inflation closes in on the bank’s 2 percent target.
Banks Made Big Climate Promises. A New Study Doubts They Work.
Using European Central Bank lending data, researchers said there was not evidence that voluntary commitments were effective in reducing emissions.