Eshe Nelson
Posts
Bank of England Is Expected to Raise Rates Again
A half-point rate increase, to 4 percent, the highest since 2008, is widely expected as the central bank continues its campaign to control inflation.
Europe’s Economy Edges Higher, Heading Off Forecasts of Recession
The eurozone economy grew 0.1 percent late last year, a reflection of modestly rising optimism as energy prices have eased, but risks remain.
At Davos, European Distress Over a ‘Made in America’ Law
The U.S. Inflation Reduction Act stirred talk of a trade war, but also proposals for a similar E.U. initiative to stimulate green investment.
U.K. Inflation Slows but Remains Stubbornly High
Consumer prices rose 10.5 percent in December, the second consecutive monthly decline, thanks to easing gasoline and clothing prices.
Price Gains Ease in Europe but Core Inflation Keeps Policymakers ‘Up at Night’
Declines in overall inflation rates may bring comfort to consumers, but central bankers are still wary of drivers of persistently high prices.
Britain’s Economic Health Is Withering With Sick Workers on the Sidelines
Many people who want to work can’t because of long-term health problems, a persistent issue that is causing Britain’s economy to go “into reverse.”
Britain’s Soaring Energy Costs Strain Crisis Responders
Families in chilly, drafty homes are seeking help. The response may be a blanket and thick socks, while some doctors are writing prescriptions for heat.
Elon Musk Asks Twitter Users if He Should Quit as C.E.O.
After weeks of turmoil since he bought the company, Mr. Musk surveyed Twitter about whether he should remain in charge and said he would abide...
European Central Bank Raises Rates Half a Point, Moderating Its Pace
But the bank warned that interest rates would “still have to rise significantly” to tame inflation.
Bank of England Raises Rates by Half a Point to Curb Inflation
The central bank moderated the pace of increases while Britain braces for a prolonged recession.